Description

76 City Road offers a rare chance to acquire a high-yielding investment in one of Sydney’s most active accommodation corridors.

Situated on 209sqm of land, the property includes 10 rooms and 5 bathrooms, with 4 en-suite rooms, and is leased to a well-established operator with long-term structure.

Key Investment Highlights

• Land Size: 209sqm- Generous 6-meter-wide frontage
• Configuration: 10 rooms, 5 bathrooms (4 ensuited)
• Income: $152,360 per annum
• Lease Expiry: 18 October 2035
• Options: 2.5 + 2.5 + 2.5 + 2.5 + 2.5 years
• Annual Rent Increases: 3% per annum
• Outgoings: Tenant pays fire compliance, electricity, Wi-Fi, Water usage, rubbish disposal, handyman services & pest control
• Handy rear lane access Via Maze Lane
• Highly sought-after city-fringe position close to USYD, UTS & transport
• Ideal set-and-forget investment with predictable annual rental growth