Victoria Lodge is a fully licenced boarding house with 12 rooms and a standalone retail shop.
Each room rents for $165 per week including electricity, consumables and NBN.
The two storey dwelling includes:
4 rooms, lounge room, bathroom and laundry.
8 rooms, kitchen, lounge room and bathrooms.
The freestanding retail shop fronts Ackers Street and is currently vacant.
The property is partially tenanted returning $60,060 per annum gross.
Fully let, the property is capable of returning $115,960 per annum gross or $85,852 per annum net.
A tenancy schedule is available upon request.
Please contact Ray White Commercial to arrange an inspection.
For more details, please email agent