Built in 2002, this purpose built student flat features, six double sized bedrooms, two well equipped bathrooms, open plan kitchen/dining/living with good indoor/outdoor flow to a sunny low maintenance rear yard. To complete the appeal you have off street parking for two vehicles as well as the property meeting Healthy Home standards.

Rented to six students for 2022 at a modest (6 x $160) $960 per week. There is scope to substantially increase the rent for 2023.

This has been a very popular and easy care rental for the current owners over the last two decades making it a solid addition to your portfolio or ideal for family while studying at University in 2023.

Don’t miss this opportunity, as these types of investments are seldom available.

Web iD: DO11179
Approximate land area: 228m²
Approximate floor area: 171m²
Rateable value: $850,000
Rates (DCC): $3922.95
Rates (ORC): $1,130.66