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Business for sale in QLD , GOLD COAST
Benchmark Business Sales
Broker Details: Benchmark Business Sales
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BOARDING HOUSE - INVESTMENT HOUSE - PASSIVE INCOME - Returning 9.3% based on 44 weeks per annum

 
Sellers Ref: (3223781)
Location: QLD - GOLD COAST
Category: Accommodation
 
Financial summary
Asking Price: $760,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
 
Business description

8 Bedrooms plus a small Self-Contained Unit...

This large modern high set house is split into 2 levels. Each level provides 4 private & secure bedrooms with communal laundry, bathroom, and toilet with an open plan living, dining and kitchen areas. The house is currently occupied by students attending the nearby university, and has operated in this way for years, just like many similar properties in the surrounding area.

The double garage that is connected to the house has been converted into a self-contained open plan unit with its own en-suite.

The area has an abundance of schools, colleges, and a university nearby, there are numerous parks within the area, and plenty of public transport to take you to one of the 5 major shopping centres within 10 minutes of the property.
The area is also well supported with entertainment and sporting facilities which include an RSL Club, NRL sports club, AFL sports club, golf club, yacht club, Indoor sports centre and an equestrian centre and there is so much more including 3 retirement villages and 2 hospitals.

There is an obvious opportunity to expand the income by offering further services such as meals washing and ironing for the students. The property is presented in excellent condition.

All this for: $760,000.00, Call us now to arrange an inspection.

Tu Nguyen
0401 260 154
tu@benchmarkbusiness.net

Ian Salter
0433 563 585
ian@benchmarkbusiness.net
www.benchmarkbusiness.net

 
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