27 Alice Street

Situated in the heart of the town, just three blocks from the town centre, this massive 1012 corner block occupies a prime corner position. In a country that is suffering from an accommodation crisis, this property could provide a solution, at great profit to the owner. Forget about all this cafuffle around negative gearing; this property could be positively geared. Consisting of 8 bedrooms and two bathrooms and three toilets, over two levels, the property also has three separate indoor common living rooms, along with a very large undercover outdoor area. It also has two laundry rooms and three garages. With the corner location, it would be easy enough to create hardstand parking for additional vehicles if required. The location is so central that it is a stroll to just about everything, and a car would be optional. The kitchen is large, modern and open plan, and one of the bathrooms is brand new. All bedrooms are double rooms, and most of the floors are striking tongue-and-grooved black bean timber, with high ceilings. Banana farmers will love this property for farm workers, but savvy investors will do the numbers on 8 bedrooms. Subject to council approval, it could be turned into a boarding house. It may also suit not-for-profits, etc., as crisis or emergency accommodation. If you need a home that can house multiple generations, this will certainly fit the bill, with everyone being able to have their own space. This property is presented in very good condition and has been well-loved and maintained by its current trade-qualified owners. It is fully fenced, so safe for the pets and children, and is just two blocks from the schools. This home has withstood the worst that Mother Nature can throw at it and hasn't blinked. It is solid and will probably be here for generations to come. Not all gold mines are below the ground. Contact Michael Skuse