54 The Avenue,
Ferntree Gully, VIC 3156
Hotel, Motel & Leisure
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Map of 54 The Avenue
ROOMING HOUSE INVESTMENT OPPORTUNITY
Situated at the end of a no through road on a generous 1023 square metre block is a recently updated 11 Bedroom operational Rooming House producing an attractive income with opportunity to grow!
Over the last 30 years this Rooming House had been operating and is now on offer for a new operator to take over and take advantage of this excellent opportunity.
At present, 11 of the 11 bedrooms are occupied returning $2,490 per week ($129,480 + per annum).
A number of the current tenants have been long standing residents.
Also on the property is a large garage and storage area (150 square metres approximately) of which could be leased out for additional income.
The property is within walking distance to Burwood Highway, Bus Stops, Local Shops and much more.
For further information or to arrange an inspection please contact Appleby Real Estate!
Over the last 30 years this Rooming House had been operating and is now on offer for a new operator to take over and take advantage of this excellent opportunity.
At present, 11 of the 11 bedrooms are occupied returning $2,490 per week ($129,480 + per annum).
A number of the current tenants have been long standing residents.
Also on the property is a large garage and storage area (150 square metres approximately) of which could be leased out for additional income.
The property is within walking distance to Burwood Highway, Bus Stops, Local Shops and much more.
For further information or to arrange an inspection please contact Appleby Real Estate!
Property ID: 503849210Last Updated: 5 May 2022
04333224...
54 The Avenue
Ferntree Gully, VIC 3156
Appleby - Bayswater20 Station Street
BAYSWATER, VIC 3153
BAYSWATER, VIC 3153