Terrific Accommodation Style Investment
This modern purpose built rooming house facility is ideally suited for student or organisational style accommodation. Comprising six en-suited and carpeted bedrooms with individual air-conditioners, built-in storage, study desk, high speed internet connection and TV points. There is a fully equipped kitchen adjacent to an expansive open dining and living area with split system heating/cooling plus a separate laundry and visitor toilet. All common area furniture and appliances are included. The site includes six carports, extensive concrete paving and a 40,000 litre rainwater tank whilst there is also potential to add additional bedrooms to increase income. The current gross return is $4,420 per month inclusive of all utility and building expenses. Located within an approximate 10 minute easy drive to Federation University and the Ballarat CBD, the property offers a quiet yet convenient living environment. Being well presented and easy to manage and maintain the property could be a great investment or suitable for specific organisational needs.
Lot/Plan No: 103/PS419619