City Fringe Cash Cow

Council approved for short term accommodation & residence this hi-set brick residence has been recently raised and renovated to meet council's requirements.<br/>Owners currently live in the spacious residence upstairs (3 bedroom & office) and collect over $67,100 net income from renting the rooms downstairs. Capable of returning over $108,000 net with all rooms rented.<br/><br/>- 3 bedroom + office, 2 bathroom, kitchen, 2 lounges & outdoor deck upstairs<br/>- 8 bedroom, 4 bathroom (including disabled), kitchen, lounge, outdoor area & swimming pool downstairs<br/>- Double fenced carport<br/><br/>Owners are committed elsewhere and are willing to look at Offers over $1,450,000 (approximately 7.5% net return).