Large Investment Property
This substantial, 12-bedroom period style property is an ideal cash flow generating asset. The location and property is suited to both students and workers wanting a quiet environment to live and study.
The property enjoys good sun, off-street parking and elevated sweeping views from some rooms across the cityscape and out to sea. It comes near fully furnished including a fully equipped kitchen, and all the necessary furnishings in each room so that tenants can simply move in and receive everything they need within their rental payment.
The property is capable of $1,815 per week in rent, while upgrades to the property could assist to lifts rents further if desired. Current room rates are generally $145-$155 per week, with the landlord paying the outgoing costs.
A full Colliers Information Memorandum including all property disclosure details, rent schedule, tenancy details and chattels list is available on request.
Viewings are by private appointment only with our Broker.
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