Investment Opportunity - Cash Cow!!! Multiple Dwelling

The owners situation has changed - He must sell!!
Budget accommodation 8% Return with room to improve.
Land Value alone at $750,000
Historically 100% occupancy with room to increase rents and definitely value ADD.
Location is perfect, walking distance to Rail, bus, schools and major shopping centres.
Less than 8km to the City CBD.
The owners situation has changed - He must sell!!
The elevated 895M2 land is of great value.
4 Self Contained Flats plus...
8 Rooms with shared kitchens and bathrooms all fully furnished and Air Conditioned.
Currently Registered for 23 persons.
It is Fully Compliant with all statutory authorities, including Fire Safety and Residential Services.

For more information please contact Clive O'Kelly 0416199796 or Sandra O'Kelly on 0448126609 or our Ray White West End office 07 38444244