Premier Income Asset | $98,800 Gross PA | Resort-Style Corporate Housing
Unlock a high-performance commercial-grade return with this unique residential asset. Unlike standard rooming houses, 13 Hovell Crescent combines massive scale with premium lifestyle amenities, making it a "blue-chip" choice for corporate housing providers and large-scale workforce accommodation.
The Investment Powerhouse
• Secure Income: Currently generating $98,800 Gross per annum ($1,900/week) via a 12-month residential lease subsidised by an insurance company (running until Feb 2026).
• Proven Corporate Appeal: Strong history of 12-month commercial leases with major local entities like Goulburn Health and Regional Workforce.
• Management Flexibility: Professionally managed at a 7.7% fee, with the option to continue or transition to a high-yield room-by-room model.
Strategic Asset Details
• Massive Land Holding: A rare 1350m² allotment with significant future development potential (STCA).
• Specialised Capacity: Registered Class 1B dwelling featuring 9 bedrooms, all individually climate-controlled and fully furnished.
• Infrastructure Advantage: Located near major nursing home facilities and the hospital precinct, tapping into a consistent, high-demand workforce.
This is a rare opportunity to acquire a diversified, high-cashflow asset in a critical regional hub
The Investment Powerhouse
• Secure Income: Currently generating $98,800 Gross per annum ($1,900/week) via a 12-month residential lease subsidised by an insurance company (running until Feb 2026).
• Proven Corporate Appeal: Strong history of 12-month commercial leases with major local entities like Goulburn Health and Regional Workforce.
• Management Flexibility: Professionally managed at a 7.7% fee, with the option to continue or transition to a high-yield room-by-room model.
Strategic Asset Details
• Massive Land Holding: A rare 1350m² allotment with significant future development potential (STCA).
• Specialised Capacity: Registered Class 1B dwelling featuring 9 bedrooms, all individually climate-controlled and fully furnished.
• Infrastructure Advantage: Located near major nursing home facilities and the hospital precinct, tapping into a consistent, high-demand workforce.
This is a rare opportunity to acquire a diversified, high-cashflow asset in a critical regional hub
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