Grab the calculator and then grab the phone and call Myles Blackwell immediately. This Mooloolaba waterfront home is currently rented under the rooming accommodation act with 6 separate tenancies in place. In total the yearly rent returns $84,500. The original residence remains solid and presentable, however its future use may be assessed by the new owner to be a future land bank for the waterfront family home. In the meantime, you can enjoy the year on year returns of $84,500 (less management fees and council outgoings). For a private viewing please call Myles today. Features to be admired……… - Waterfront residence in popular Mooloolaba suburb surrounded by exclusive high end buildings - Only the one neighbor as the rear of the property fronts onto the water and the North East neighbor is a council parkland - 812m2 prominent Mooloolaba location Current Rents Room 1 $270 Room 2 $260 Room 3 $240 Room 4 $275 Room 5 $380 Room 6 $200 Total $1625/week or $84,500 Land parcel 812m2 Property Code: 4085