This accommodation complex is a one-of-a-kind investment opportunity, specifically designed to rent out by the room with complete client security.
- 9 bedrooms each with individual deadlocks and security window screens, and include a double bunk, wardrobe, bar fridge, drawer desk unit and a ceiling fan.
- Separate men’s and ladies bathroom and toilet facilities.
- Common living areas including dining room, relaxation room, industrial kitchen and laundry
- There is an industrial stainless steel kitchen with gas hotplates and stainless steel laundry benches and trough and connections for 2 washing machines.
- Ample off street parking for vehicles, plus garden and outside open entertaining area.
- Located just a short walk to the Southside Shopping Village, doctor’s surgery, and primary and secondary schools.
Previously rented at $110 per room, this property has potential for over $50,000 per annum and over 10% return on investment!
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 402 |
Average Price | $303,588 |
Median Price | $288,500 |
Median Rental Price | $300 p.w. |
Change in Rental Rate (5yr) | 20 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 27 |
Average Price | $200,730 |
Median Price | $185,000 |
Median Rental Price | $220 p.w. |
Change in Rental Rate (5yr) | 10 % |
9 Gail Crescent, Murray Bridge,
South Australia, 5253