5 Galleon Place

A chance to own a lucrative boarding residence, a rare opportunity positioned in the heart of the thriving suburb, Estella. A location highly coveted for its proximity to academic institutions, shopping centres, and mere minutes from the town centre. This impressive investment property, with an envious track record of long-term tenancies and a low vacancy rate, promises a steady income stream, with all rooms currently tenanted and a combined income of $1,380 per week and a gross return of 6.52% A grandiose abode boasting seven bedrooms, this house is an investor's dream. Each room is currently leased, highlighting the demand for quality accommodation in the area, especially positioned so close to the university, schools, and AG Tafe. The property is not just a haven for its occupants but also a practical choice for its owner. With two spacious internal living spaces, tenants have ample room to relax and socialise, fostering a communal environment that encourages longer stays. Modern comforts are a given, with ducted evaporative air-conditioning for the summer months, zoned in-floor heating to ward off the winter chill, and a charming fireplace as the centrepiece of shared living. For the eco-conscious investor, the addition of a 6.6KW solar system will be of particular interest, offering energy efficiency and cost savings. Outside, the expansive outdoor entertaining area, complete with a saltwater swimming pool, provides an idyllic retreat for tenants, while the massive garage with a mezzanine floor and additional storage space answers any logistical needs. To top it off, the property comes fully furnished and equipped, ensuring a turnkey solution for the savvy investor. With such comprehensive offerings and an undeniable allure for potential tenants, this investment is poised to be a cornerstone in any property portfolio. Additional information is available upon request. Contact Taylor Maurer on 0421 881 505. Disclaimer: *All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.