Ideally located near Flagstaff Gardens. This freestanding building is near King Street and only a short walk to the CBD. FOR SALE VIA Expression of Interest Closing 15 May 2025 * Fully leased to multiple tenants for $644,590 net per annum plus gst * Huge future development upside, while receiving good cash flow. This could be suitable for the dynamic and growing demand for PBSA Student accommodation, or apartments etc (STCA) * Ground floor contains 4 newly renovated and newly equipped kitchens * First Floor is leased to reputable education group who also lease kitchens 3 and 4 * This education facility has a 9B certificate for 260 people * Rooftop Solar to reduce energy bills (circa 30 kw) * Please look at photos and Virtual Tour * Information Memorandum available * Contract and s32 available
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