Boutique New Generation Boarding House
A purpose built, premium, new generation boarding house offers scope for investors or an entrepreneurial natured owner wishing to live on site.
Designed to deliver the purchaser secure cash flow with the benefit of an emerging asset class of accommodation, the versatile opportunity presented is uniquely diversified.
The structure and yield potential is wide-ranging with the ability to lease to private and government managed housing providers, self managed boarding as short-term or long-term room rentals, and with the ability to live as an on-site manager.
Recently completed and yet to be occupied, the four bedroom floor plan provides a wheel chair accessible open plan common room with kitchen, laundry facilities and rear outdoor area.
Each bedroom has registered key lock entry and is equipped with an ensuite, built-in wardrobes, ceiling fan and TV connection point. Three bedrooms are carpeted - the fourth is wheelchair friendly with waterproof, timber-look laminate and a custom-built bathroom.
An appealing common area is equipped with reverse cycle heating and cooling. Living and dining incorporates a Smartstone kitchen designed with a pull-out bench for use while seated, induction cook top, dishwasher, vast pantry storage and layout for multiple microwaves or easy addition of a wall oven.
Five car parking spaces include disabled and visitor parking configured for ease of access and turning.
The modern design, quality of construction and finishes offer attractive depreciation benefits and a central location provides excellent connectivity to amenities with ease of access to medical precincts, university campuses, TAFE, CBD, waterfront and beaches.
Zoned R1 General Residential on 841sqm, contact the exclusive agent for a comprehensive specification prospectus.
Council Rates $2,590pa.