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Description

ROOMING HOUSE IN CHADSTONE

• This extreme cash flow investment allows the purchaser to capitalize on this unique
situation of having two shared houses.
• Situated on one residential block with separate titles for each.
• With an ever-increasing population here in Melbourne shared accommodation has
never been in more demand.
• The key however to this property is its situation in the city suburb of Chadstone
only 13 Km from Melbourne and is close to public transport and cultural icons such as
the Chadstone shopping center.
• This has meant a very high demand for accommodation and ensured a very high
occupancy rate, currently running at over 99%.
• Added to this the current owner’s land tax exemption of its current use means potentially many thousands of dollars in savings every year as compared to other
equivalent property investments (Subject to SROA and individual circumstance).

Detail

  • Icon
    7
    Bedrooms
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    2
    Bathrooms
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    Land Size
    664 m²
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    2
    Garage

Updated on January 12, 2022 at 3:19 pm

Address

  • City: Melbourne, VIC
  • Country: Australia

Contact Agent

Leon Li
  • Leon Li
  • 0432 406 341
View listings
Mandy Xiao
  • Mandy Xiao
  • 0435 170 278
View listings

Enquire about this property

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