PRIME & AFFORDABLE 7 ROOM, BONDI JUNCTION BOARDING HOUSE

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.