Full Description: Potential Plus - located right in the heart of town, this property is on a prime piece of land with great visibility and convenience to schools, medical facilities, shops and service stations. The property has recently been utilised as a hostel, with 5 separate lockable bedrooms each having it's own bed, fridge, tv and air conditioning unit. Residents to the hostel pay $100 per week per bedroom, and share the additional amenities being the living room, kitchen, bathroom and laundry which is fitted with a coin operated washing machine. Currently returning $250pw on a 3 months lease, with the tenant wishing to extend for another 12 months. There is ample parking at the rear of the home and an easement to the right of the property assists with future development potential.
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