9 Kelty Court, Highton

by Dean Berman

A house converted into student accommodation in Geelong.

The house was originally purchased for $500,000 in August 2014.

Sold for $748,000 by Yan Lin and Keith Fisher of Hayeswinckle.

The house achieves $5,300 per month in gross income.

This represents a gross rental yield of 8.5%.

Current floor plan with 8 bedrooms – the family room has been divided into 2 bedrooms, meals area has been turned into a bedroom and study has been turned into a bedroom

Original floor plan with 4 bedrooms