Established 18 Room Inner-West Boarding House

PROVEN & ESTABLISHED 18 ROOM INNER-WEST BOARDING HOUSE.

2 TERRACES ON SEPARATE TITLES.

Property Features:

• All rooms refurbished
• Income GAR $197,600
• Head lease with 5 plus 5 year lease
• Lease commencement 1st of July 2021-30 June 2026
• On 2 separate titles, Side by side, to be sold in one line or individually
• 9 rooms and 2 bathrooms in each property
• Varying array of room sizes
• 2 Modern communal kitchens
• Handy laundry facilities with coin operated washer dryer
• Total land size 300 sqm
• Zoning R2 low density residential
• Rear pedestrian access
• Land tax exempt and fire compliant

A passive & secure proven investment with head lease with a 5 plus 5 Lease term.

A handy and popular rental location within walking distance to Enmore’s vibrant shops, cafes and eateries nestled between Newtown and Marrickville and walking distance to major transport networks.