Huge Rental Income Potential!

Located on a low traffic street close to the Aquatic Centre, train station and a short walk into town, this residential property has a huge income potential. The property comprises five separate residences which has been owner occupied with four units rented out at any time. With a large shortage of short term furnished rentals this property has a guaranteed income stream from day one. the current owners have decided to retire and are ready to move closer to family, we are looking for the next owners!

Property Features:
Main owners residence
- 1 bedroom, 1 bathroom, kitchen, living, laundry
- Air conditioned
- Fully furnished (included in sale)
- Car space

Units 1, 2, 3, 4
- 1 bedroom, 1 bathroom, kitchen, living
- Air conditioned
- Fully furnished (included in sale)
- Common undercover patio area
- Disabled ramp access
- 1 secure car space per unit (4 total)
- Common BBQ area

Rentals:
- Units rented for $120 per night or $420 per week
- Owners work on a 40-50% tenancy rate at any time
- Good core repeat customers use the property throughout the year
- Good potential to advertise for increased tenancy or use for longer term tenants

Yard Features:
- 670m2 allotment
- Workshop/shed
- 30x solar panels
- Vegetable patch & neat gardens
- Excellent security with cameras, security screens, lighting & good secure fencing