Situated within a stone's throw from The Australian Maritime College is this well-established, 5-6 bedroom, two-bathroom townhouse. Fully-tenanted for many years, this is a no-brainer for the investor who is searching for a brilliant-return, purpose-built student accommodation property.
With Australian Maritime College student numbers increasing and new educational developments planned for the Campus just over the fence, the future is looking very solid for the ongoing success of this townhouse. Currently rented at $750 per week, this is testament to the awesome position and fabulous rental history.
In a small complex offering plenty of parking this townhouse with an excellent rental history is offered as a walk-in, walk-out opportunity. All furniture, full kitchen, beds, chairs, desks etc are included. Currently returning approx. 6.5% p.a. this is your chance to enjoy a great return from a low-maintenance, well-positioned property. Three bedrooms and one bathroom along with kitchen/living and a sunny courtyard downstairs and 2-3 bedrooms, one bathroom upstairs this purpose-built investment property continue to be primarily occupied by Maritime College students since it's completion in 2001. Large heat pump with a heat transfer system keeps the property at a desirable temperature all year round and with a demonstrated high-yield history, this is one not to miss.
The Australian Maritime College is the pick of the training-grounds world-wide and this property will continue to be in the highest demand as it is as close as you can get to the college.
With the Mowbray shopping hub a short, level walk and the CBD only 5-minutes drive, the position just does not get any better.
Your chance is now!