20 Kildare Street, Burwood, Vic 3125

Sold: $885,000 (12-23-2013)

20 Kildare Street, Burwood, Vic 3125 3125
SOLD
  • hotel 8
  • hot_tub 2
  • directions_car 2

A classic 8-bedroom house located just one minute walk from Deakin University and PLC School provides a great business opportunity for an astute investor to retire in comfort!
The property has a Prescribed Accommodation permit to accommodate 9-people and currently ran as a student housing & backpacker holiday accommodation. It has been thoroughly renovated and freshly painted recently. With installation of solar panels and ducted heating in every room this place is ready for continued operation as it is for many years. Further scope also exists to extend (STCA) increasing the number of rooms to boost the potential earnings from current $75000 to over $100,000 per year.
Located at the blue chip precinct of Burwood within close proximity to all forms of transportation and comforts, you simply cannot go wrong with this one!

For more information please contact Juan Yan 0401 385 283

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