42 Oakwood Crescent

Waurn Ponds VIC 3216

This 6-bedroom modern brick home comes fully furnished and is currently being utilized as student accommodation, returning $53,000PA (approx.). Currently registered as student housing the property has all the relevant council permits and approvals. There are 6 individual lease agreements for each bedroom and each room is currently obtaining $170 pw.
At the back of the home you'll find the centrally located kitchen, fitted with S/S appliances, dishwasher and open plan dining. Adjoining this area is the living room with a sliding door opening onto a private courtyard. 2 full sized bathrooms service the home along with ducted heating and evaporative cooling throughout. Outside you will be greeted by a large alfresco entertaining area, easily maintained gardens, spacious yard and garden shed. There is a large double carport, plus extra off-street parking. Located close to the Waurn Ponds train station, walking distance to Deakin Uni, the Epworth Hospital, Waurn Ponds Shopping Village and minutes from the ring road. The hard work has been done and opportunities like this don't present themselves very often to sit back and reap the rewards for a cash positive investment returning over 8%.