This craftsman built home with commanding street presence has multiple choices for its new owner. Currently being operated as a successful university accommodation, it would also be perfect as your own home or invest and reap the rewards. Further scope to improve with DA approval for a further 2 bed 1 bath conversion of rear triple garage. Would also suit tradesmen or someone looking at renting the original house and using the 3 car garage as storage. Sits on a 730m2 approx allotment.
* Current weekly income is $790 per week.
* Possible weekly income $1,100 (once conversion complete).
* Now 5 beds, 1 bathroom plus 2nd shower and WC.
* Immaculately presented with polished hardwood floors.
* Modern kitchen, solar electricity, fully furnished, 3 car garage.
* An opportunity not to be missed.
Council Rates: $1,492 PA approx
Water Rates: $1,185 +Usage PA approx
Rental Potential: $790 PW currently