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$699,000 +
All the hard work has been done for you to acquire this lucrative 1B registered rooming house. Situated directly behind Karingal Hub, it is close to public transport and all amenities Frankston has to offer.
This 9 bedroom property has been fully renovated. It is disabled compliant, registered with Frankston City Council and is overseen by a manager (details can be provided).
It comes fully furnished and features:
– 9 secure individual bedrooms with TV’s, bedding and bedroom furniture included
– Fully renovated bathrooms
– A new and spacious kitchen with modern appliances and shared laundry facilities
With close to a 100% occupancy and an average room rate of $190 pw, the property provides high yield and is a secure investment in an industry that is growing and regulated.
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