We have for you an outstanding opportunity to get in excess of 10% return on your investment but with the security of a residential investment. For sale now is this 8 bedroom residence purposely modified to accommodate a student accommodation business located only 1.3km from the Uni and only a short stroll to the centre of Bendigo.
The dwelling has been fully renovated only a couple of years ago with nothing left untouched and is to be sold in receipt of rent for the upcoming year upon settlement around the start of next year.
The dwelling itself consists of 8 bedrooms each with a desk, kitchenette, built in robes, double bed and desk chair, reverse cycle heating and cooling and internet access. There are 4 toilets and 4 showers making up a ratio of 2-1 for students to facilities which is better than normal ratio. The house consists of 2 laundrys a large living area and a huge double kitchen. All furniture is included in the sale along with all crockery and cutlery in the kitchen. The house is secured with individual locks to each bedroom and a keypad entry to the main doors. Outside the house there is a huge deck and entertaining area along with large off street parking areas for the students.
This truly is an exceptional investment and a rare opportunity to be able to get into the investment market with commercial like returns but with the safety or residential investment. And the bonus is the rent is paid yearly or half yearly in advance so that is automatically saving you interest by being able to place money in the bank and no more chasing rent or rent arrears issues.
With the share market currently like a yo-yo there has never been a better time to get into property and with this cash flow positive property even the banks will love you.