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Solid 9.8% Return CBD Location
- 12 Beds
- 3 Baths
- 8 Cars
• Central CBD Investment opportunity - vendor motivated for a sale!
• 2 separate buildings, front building with DA Approval to develop. Back building currently operating with DA and BA approvals. Front building 3 bedrooms, 1 bathroom. Back building 9 private rooms with beds, fridge and desk. 7 car parks. Fully approved to operate as a boarding house and has an approved management plan in place.
• Returning $82,680* at full capacity and professionally managed
• 2 minutes* from Ipswich CBD, walking distance to hospital/university, easy access to train station and public transport
INFORMATIVE MEMORANDUM AVAILABLE UPON REQUEST
• All numbers are based on information provided February 2018
1,082m² / 0.27 acres
8 garage spaces
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