An exceptional opportunity to secure a versatile property on 546sqm approx. of land, offering outstanding appeal for both owner-occupiers seeking a spacious and flexible home and investors looking for a high-yielding property with strong income potential. With substantial accommodation, generous land and a highly adaptable layout, this unique property presents a range of possibilities to suit different buyer requirements.  Thoughtfully converted into 8 individually tenanted rooms, with select rooms featuring ensuites, the property is currently generating an impressive $157,040 in gross annual income. Operating as a Class 1B Rooming House, the property is fully furnished and equipped with appliances, with all required council approvals in place and registered for use. Residents benefit from access to a central kitchen and dining area, dedicated laundry facilities with washing machines, a gazebo and an enclosed entertainment area.  For investors, the property offers an established income stream, strong rental potential and an attractive high-yield proposition.