This is a one off sale offering a large modern home operating as a boarding house with a capacity of up to 8 persons at a time. The Boarding House has a 'five star rating on Google maps, and offers 6 bedrooms that include 2 double and 4 single rooms. All linen provided to the tenants plus free internet, free utilities and a spa Bath. Well-designed layout for tenants with a double kitchen that include 2 cook tops coffee machine, stainless appliances and 2 microwaves. There are a couple of shared living areas and a large outdoor deck.
Located In a good neighbourhood, Bella Vista Estate arguably the best modern area in Cooma it is close to the Snowy Hydro Headquarters. A bonus to the sale of the property will include all furniture and fixtures.
The owner does pay all outgoings but has a solar system installed to help with the power.
This property is under 10 years old and has over 300m2 of living space.
The business side has been very profitable recently and has a high occupancy rate with a 90 - 100 % over the last couple of years with gross returns last year of $52,000
This house and business package appeals strongly as a solid investment.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
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.