Address on Request, Mount Evelyn VIC 3796
13 
6 
6 
929m2 Sold
GUEST HOUSE, 13 ROOMS, FULLY LICENSED
This unique residential/commercial investment currently returns $2788.00 Pw or $145,000 approx Gross per annum which equates to around 11.6% per annum on the asking price. This is a unique opportunity to secure a property with a proven return. On 929m2 this is a clean and well-maintained property with excellent landscaping. The main building is BV with one fully self-contained unit PLUS a separate 2-bed WB unit at the rear. Profit and loss statements are available for serious buyers. As this is classed as a commercial investment, banks will lend to around 60% of their valuation. The property is exempt from Land Tax as it is a service to the community. Each room is comfortably furnished, there are multiple shared bathrooms plus a communal BBQ facility, outdoor areas and 6KW solar power. The position is outstanding with supermarket, shopping centre, cafes and bus transport opposite.
FURTHER CONTACT
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Property ID: 1199600
Contact Agents
Michael Duffield
Property Consultant/Licensed Estate Agent
Office: 9726 8888
Mobile: 0428 975 698
Professionals Mooroolbark
46-52 Brice Avenue, Mooroolbark VIC 3138 | Phone 9726 8888