PRIME & AFFORDABLE 7 ROOM, BONDI JUNCTION BOARDING HOUSE

3 Mill Hill Road, Bondi Junction 2022

PRIME & AFFORDABLE 7 ROOM, BONDI JUNCTION BOARDING HOUSE

3 Mill Hill Road, Bondi Junction 2022

Description

On offer is this 2 level Boarding house enjoying a wide 6 metre width, it is semi -detached on the southern side with handy rear lane access to a valuable lock-up garage Via Gowrie Lane.

Ideally located moments from Bondi Junction’s ever-growing metropolis with shopping, buses, railway station, cafes, bars & restaurants all within a short stroll.

Property overview;

  • 7 rooms, offering a variety of functional layouts all are furnished.
  • 2 of the rooms have been updated including wall-mounted flat screen TV and fridge
  • Generous common lounge room combined modern kitchen & dining area
  • Shared bathrooms on each level, first floor bathroom combined with laundry facilities.
  • A proven and secure cash flow investment
  • GAR approximately $100,000
  • Local Environmental Plan: Waverley Local Environmental Plan 2012
  • Land size 179 sqm – FSR 0.9:1- Zoning R3: Medium Density Residential Height limit   9.5 m
  • Sold as a going concern with all furnishings & inventory included in the sale
  • Rear sunny communal courtyard with outdoor tables, chairs & BBQ facilities
  • Fully fire compliant and Council registered & approved boarding house
  • Located meters from Oxford Street, Bondi Junction hub & iconic Centennial Park
  • A proven multiple residential investment in one of the Eastern suburbs highly sought suburbs
  • Potential to value add and increase rental yields with a minor refurbishment

A strong rental history attracting students, travelers & locals looking for affordable & convenient short & long-term accommodation. A prime investment ideally situated between Centennial Park and Westfield shopping, with buses to CBD & the golden sand beaches of Bondi, Tamarama & Bronte beaches.

Details

Updated on June 3, 2020 at 9:40 am
  • Property ID: DET-9649
  • Land Area: 179 m²
  • Bedrooms: 7
  • Bathrooms: 2
  • Garage: 1
  • Property Type: Boarding house
  • Property Status: Commercial Sales

Overview

Property ID: DET-9649
  • Boarding house
  • Property Type
  • 7
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage

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Dominic D’Ettorre
  • Dominic D’Ettorre