House in AVONDALE
High Yield with Development Potential
- 1 Bed
- 1 Bath
A 23 bedroom boarding house with current net cashflow of approx $90,000. Under previous managment - this has
been as high as $140,000 net. There is plenty of scope to add extra value!
High profile main road location - dual entrance
Potential for up to 11 unit residential development
290m2 of commercial development and carparking.
Positive cashflow hold, with future development value and potential.
- Single Garage