Financial Analysis for Investors

Out your front door, cross the road and you're on campus, that’s how close you are!

This 5-bedroom house, on the corner of New and Somerset Streets, is perfectly positioned for the self-propelled student. It is a classic example of a Settler home that has been converted into student accommodation. It has so much character that when you're in it, you expect to hear it whispering to you! There are even remnants of the Yellowwood floors that were originally put into the house.

It has 5 bedrooms, 2 upstairs and 3 downstairs. One bathroom is upstairs and 1 downstairs. As you would expect from a Settler home, the rooms are large with relatively high ceilings, but built-in cupboards are conspicuous by their absence. Nevertheless, the seller has provided the basic furnishings for each room; a bed, a cupboard, a mattress and curtains.

For their leisure time, there is a living area downstairs that includes a fireplace to help beat those cold winter days. This area is tiled for easy cleaning and the kitchen leads off it. All the necessary appliances are included in the asking price so setting up for student life is made much simpler. There are double doors in the living area that lead to a small garden which is quite private. It leads to the one off-street parking bay on the premises as well as providing an attractive area for a house BBQ.

There is a laundry upstairs with a washing machine and a tumbledryer, just off the landing at the top of the stairs.

This home is on the corner of Somerset and New Streets and is in walking distance of Pepper Grove Mall and Spar and all they have to offer. There are night spots all around as well as all the retail experiences down High Street so the students are well catered for in terms of retail therapy.

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