SOLD At Auction - GUEST HOUSE/BUDGET ACCOMM. INVESTMENT!!!

Located on the Fringe of Busy Spring Hill, Fortitude Valley & the CBD is this Fully Operational Guest House/Boarding House Investment Opportunity. Set on an Elevated Allotment, with over 320m2 of Floor Area Over 2 Floors, Fully Equipped, Fully Furnished & Professionally Managed.

The Brief;
*A Budget Building of 22 Rooms!
*BCC Compliant for 33 Occupants!
*Residential Service Accreditation!
*Full Fire Safety Evacuation Plan!
*Gross Income of Approx. $170K P/A!
*Potential to Grow & Increase Returns!
*Depreciation & Tax Benefit Available!
*Supurb Location Close to All Amenities!

This Property is In a Prime Location & Offers Investors Or Operators a Wide Variety of Uses Such as, Short Term Guest Housing, Bed & Breakfast, Back Packers, Budget Accommodation Or Student Accommodation.

With the Right Improvements from the Right Owner this Property Can Be Better than your Super.

SELLERS ARE HEAVILY COMMITTED ELSEWHERE & WANT A SALE!!!

For Further Details Including a Full Property Summary Or to Arrange An Inspection, Please Call.