45 Oakwood Crescent, Waurn Ponds, Vic 3216

This 6 bedroom modern brick home comes fully furnished and is currently being utilized as student accommodation, returning $44,000PA (approx.). Classed as 1B property with all the relevant council permits and approvals. There are 6 individual lease agreements for each bedroom and each room is contracted until the end of 2016. The centrally located kitchen has a large island bench, gas cook top and electric oven, dishwasher and open plan dining. Adjoining this area is a 2nd living room with sliding door opening onto a private courtyard. 2 full sized bathrooms service the home along with ducted heating and evaporative cooling throughout. Outside you will be greeted by a large undercover alfresco with BBQ and outdoor furniture included, also spacious yard and garden shed. There is a large double garage, plus extra off street parking. The hard work has been done and opportunities like this don't present themselves very often to sit back and reap the rewards for a cash positive investment above the 8% return mark.