Established 18 Room Inner-West Boarding House

  • Forthcoming Auction
5-7 Liberty Street, Enmore
  • Boarding house
  • Property Type
  • 18
  • Bedrooms
  • 4
  • Bathrooms
Commercial Auction Commercial Sales

Established 18 Room Inner-West Boarding House

5-7 Liberty Street, Enmore
  • Forthcoming Auction

Description

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.

Details

Updated on September 30, 2023 at 11:52 am
  • Property ID: DET-11149
  • Price: Forthcoming Auction
  • Land Area: 300 m²
  • Bedrooms: 18
  • Bathrooms: 4
  • Property Type: Boarding house
  • Property Status: Commercial Auction, Commercial Sales

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Samuel Pacitto Rusconi
  • Samuel Pacitto Rusconi