Prime location in the heart of the CBD, this immaculately presented and beautifully maintained property is a rock solid investment as is, with a huge amount of potential for the savvy businessperson.
Currently configured as three self-contained serviced apartments consisting of one x two bedroom and two x one bedroom apartments – they are fully furnished and have separate large living areas, beautiful modern kitchens and bathrooms and laundry facilities within. It also has undercover off-street parking for four vehicles.
Currently returning approximately 6% of the asking price, this property has huge untapped potential for growth.
The current owner is self-managing with weekly, monthly and yearly tenancy stays through repeat and referral business only. There is massive opportunity to increase occupancy and fiscal returns particularly through the introduction of untapped online and social marketing avenues.