Situated approx 600m from Deakin University and Epworth Teaching Hospital, this fully licensed property will definitely interest the savvy investor. Comprising 7 bedrooms, 3 bathrooms, 3 toilets and large open plan kitchen, dining/living space overlooking alfresco area and large rear yard, double garage all on 733m2 of land. Fully tenanted noting that current rents have not been increased for the past three years. Occupancy rate for 2016 has been 94% (with similar occupancy rate for the past 7 years). Currently tenanted to Deakin University students, majority being post graduate students with the average tenancy being 22 months. The property is being sold fully furnished including televisions, refrigerators, washing machine, couches, dining table, desks, chairs etc.
Ducted heating, solar hot water, split sytems A/C units. Smoke alarms & emergency lighting in compliance with Building Classification Class 1b. All within walking distance to public transport and close proximity to the Waurn Ponds shops & services.
An investment opportunity not to be missed!
***Please Note - furniture is not indicative of actual furniture included in sale***
Lot/Plan No: 290/PS604114