68 Queens Drive
Life's a Beach - 5 Bedroom Home or 7% Return
Sitting just a short stroll from the beautiful and super popular St Kilda beach, the parks, great schools or the Chisolm Park golf course, is this nicely renovated 5 bedroom, 2 bathroom family home or rental that has now, excitingly, been put up for a very definite sale! The out of town landlord is eyeing a commercial property opportunity and wants very much to look at offers on what has proved to be a fantastic rental property for her. Currently rented on a fixed term until the 16th January 2019 at $600 per week ($31,200 gross per year) this listing offers endless options. We have an insulation assessment report for the pending insulation rules so that should prove to be seamless in the case of an investor purchasing and the section size is potentially 2 unit capable under the current rules so maybe a landbanking situation with terrific holding income, or..... it could just simply be a brilliant family home in a very popular location with everything modern and appealing just waiting for a new owner!! A 7% gross return opens the way for cash flow positive potential - strict viewing times, enquire now!
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