View photo
House
·
for sale
Request Details
HIGH INCOME PRODUCING INVESTMENT CERTIFIED 14 BED BOARDING HOUSE PLUS 2 BED ACCOMIDATION
Burnett Heads
· 16 Bedrooms · 3 Baths · House
· Parking · Equipped kitchen
Burnett Heads · 16 Bedrooms · 3 Baths · House · Parking · Equipped kitchen
HIGH POSITIVE GEARED CASH FLOW WITH OPPORTUNITY FOR INCOME TO BE SUBSTANCIALY INCREASED. Owner has 2 rooms for personal use and the rents haven't been increased for well over the currently required term. Having run the establishment for 16 years Owner wants to retire and is leaving increases and possible improvements for the new owner to implement if they wish. Some tenants have been there from before purchased. Comprising of a high set Queenslander with 8 rooms, kitchen and sitting/dining area. Behind the 2 story concrete and hardy plank building consists of 6 rooms downstairs with kitchen and dining area, and above is a modest 2 bedroom residence that renovations beckons, tons of storage under the Queenslander and a double garage at the rear of the 1/4 acer block. There is a BBQ/ outdoor sitting area between the buildings. Rents vary with the average $180 per week depending on individuals' cleaning duties and, if accessing the internet is required or running air cons and or refrigera
HIGH POSITIVE GEARED CASH FLOW WITH OPPORTUNITY FOR INCOME TO BE SUBSTANCIALY INCREASED. Owner has 2 rooms for personal use and the rents haven't been increased for well over the currently required term. Having run the establishment for 16 years Owner wants to retire and is leaving increases and possible improvements for the new owner to implement if they wish. Some tenants have been there from before purchased. Comprising of a high set Queenslander with 8 rooms, kitchen and sitting/dining area. Behind the 2 story concrete and hardy plank building consists of 6 rooms downstairs with kitchen and dining area, and above is a modest 2 bedroom residence that renovations beckons, tons of storage under the Queenslander and a double garage at the rear of the 1/4 acer block. There is a BBQ/ outdoor sitting area between the buildings. Rents vary with the average $180 per week depending on individuals' cleaning duties and, if accessing the internet is required or running air cons and or refrigera
Request Details