BED 5 BATH 5 CAR 5
AGENCY: Ararat Ballarat Real Estate
CONTACT: Brad Jensen on 0438 521 039
INSPECT: By appointment
Completely renovated about 12 months ago this masterfully designed investment property caters for short and long term accommodation, showcasing five fully-furnished, self-contained apartments plus extra-shared facilities.
These thoughtfully designed apartments have their own kitchen, bathroom, living quarters and private courtyard. The extra shared kitchen is located near the main entrance with direct access to the deck/sitting area, laundry and car park.
With wheelchair access throughout and fully compliant with current council regulations this unique property has had no expense spared with its clever renovation.
Conveniently located only one block from the main street and supermarkets this unique investment opportunity really sets itself apart from the average.
There is booming demand for workers accommodation in Ararat (such as road crews, hospital workers and prison officers, Wind Farm Construction, AME, Ararat Meat Exports, NDIS) but this flexible design and legal classification as a registered rooming house caters for a huge variety of other uses as well; affordable short or long term residential housing; Aged care facility; NDIS housing scheme and more.
Approx. 12 months into an 18 month fixed lease with a very stable tenant, the yield of $1050 per week ($210 pw each apartment) is an amazing 13 percent return.
Capitalise on this recession proof investment.
This unique investment opportunity sets itself apart from the average.Ararat Ballarat Real Estate agent Brad Jensen