Offers Over $639,000
20 Bunting Street, Bungalow QLD 4870
House
1436
Block size: 486 m² approx.
CITY-FRINGE SHARE HOUSE | POTENTIAL GROSS EARNINGS $117,260 P.A
Unlock the potential of exceptional cash flow with this versatile investment - a two-storey, 14-bedroom share house strategically designed with amenities on both levels. Experience the lucrative world of property investment like never before.
Key Highlights:
Prime Location: Situated in a highly sought-after area on the city fringe, this share house enjoys strong demand from long term tenants, ensuring consistent rental income.
14 Bedrooms: Each level is thoughtfully designed to maximize occupancy and floor space, resulting in high rental yields.
Dual-Level Amenities: Unique among share houses, this property offers amenities on both levels, enhancing tenant satisfaction and attracting a steady stream of renters.
Cash Flow Machine: With 14 rental rooms this property generates over $100,000 annually.
Parking: Ample parking space under development adds to the property's appeal and rental potential.
Strong Tenant Demand: The combination of location, amenities, and affordable accommodation results in consistently high occupancy rates.
'Paint & Profit' Investment: Whilst the property is fully operational there is potential for cosmetic renovations to seek higher room rates.
Flexible Lease Terms: Offering flexibility to attract a wide range of tenants, from short-term to long-term renters.
This share house is a savvy investment choice for those seeking a reliable and lucrative income stream. Don't miss the opportunity to capitalize on the strong demand for shared housing in a tightly held region. Contact us today to seize this outstanding cash flow generator and secure your financial future!
Key Highlights:
Prime Location: Situated in a highly sought-after area on the city fringe, this share house enjoys strong demand from long term tenants, ensuring consistent rental income.
14 Bedrooms: Each level is thoughtfully designed to maximize occupancy and floor space, resulting in high rental yields.
Dual-Level Amenities: Unique among share houses, this property offers amenities on both levels, enhancing tenant satisfaction and attracting a steady stream of renters.
Cash Flow Machine: With 14 rental rooms this property generates over $100,000 annually.
Parking: Ample parking space under development adds to the property's appeal and rental potential.
Strong Tenant Demand: The combination of location, amenities, and affordable accommodation results in consistently high occupancy rates.
'Paint & Profit' Investment: Whilst the property is fully operational there is potential for cosmetic renovations to seek higher room rates.
Flexible Lease Terms: Offering flexibility to attract a wide range of tenants, from short-term to long-term renters.
This share house is a savvy investment choice for those seeking a reliable and lucrative income stream. Don't miss the opportunity to capitalize on the strong demand for shared housing in a tightly held region. Contact us today to seize this outstanding cash flow generator and secure your financial future!
Inspections
No open inspections scheduled.
Send an enquiry
Contact David Murphy to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
14
Bathrooms:
3
Garage Spaces:
6
Property type:
House
Block Size:
486 m²*
Other Details
Lot:
10
Plan Type:
SP
Plan:
155210
Legal description:
10/SP155210
Maps and area information
Block information
Block size: 486m² (approx)
Legal description: 10/SP155210
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
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Bungalow suburb information
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SummaryMedian sales
Average Age
39 years
Population
2,358
Listing ID: 182306085. This listing has been viewed 24 times. It was first displayed on 16/02/2024 and last updated on 05/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.