Established 12 room boarding house with 5 bathrooms With Handy double fronted corner position

  • Sold $2,450,000
116 Probert Street, Newtown NSW
  • House, Studio, Terrace
  • Property Type
  • 12
  • Bedrooms
  • 5
  • Bathrooms
Featured Commercial Sold

Established 12 room boarding house with 5 bathrooms With Handy double fronted corner position

116 Probert Street, Newtown NSW
  • Sold $2,450,000

Description

Established 12 Room Boarding House With 5 Bathrooms

Handy Double Fronted Corner Position

  • A variety of 12 room sizes
  • Accommodating 2 common bathrooms and 3 rooms with ensuite
  • All rooms have own kitchenettes
  • Land size 253 SQM
  • GAR based $136,240.00 based on 100% occupancy
  • Proven and consistent income
  • Self-contained studio with own direct street access.
  • Most rooms are separately metered and pay own electricity.
  • Generous sunlit north east facing rear garden courtyard.
  • Handy corner position with 3 street frontages, side Campbell Lane & rear Abigail Lane.
  • Scope to improve yields with minor refurbishment or continue as is.
  • To be sold as a going concern, all furnishings and inventory included.
  • Close to cosmopolitan King streets vibrant cafes, restaurants, transport and Sydney University are all within a short stroll.

Property Documents

FAQ 116 Probert St

Details

Updated on September 18, 2023 at 10:57 am
  • Property ID: DET-13318
  • Price: Sold $2,450,000
  • Land Area: 253 m²
  • Bedrooms: 12
  • Bathrooms: 5
  • Property Type: House, Studio, Terrace
  • Property Status: Commercial Sold

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Dominic D’Ettorre
  • Dominic D’Ettorre