REFURBISHED 4 LEVEL BOARDING HOUSE

773 South Dowling St, Redfern NSW 2016, Australia
  • 11
  • 8
SOLD$2,985,000
  • Description
  • Details
  • Inspections

Description

773 South Dowling Street, Redfern

BEAUTIFULLY REFURBISHED 4 LEVEL, APPROVED 11 ROOM BOARDING HOUSE

WITH VALUABLE REAR LANE ACCESS VIA MADISON LANE

 11 Rooms | 8 Bathrooms

This charming Victorian terrace accommodates 4 refurbished levels of boutique styled boarding house accommodation, offering the new owners a proven going concern business in highly sought inner-city East Redfern.

Property overview:

  • Magnificent new age boarding house on offer
  • GAR on a fully leased basis approximately $175,760.00
  • Fully fire compliant through City of Sydney Council
  • Classic character period features include marble fire places & high ornate ceilings
  • Generous communal games, media & television room
  • Enjoying an outstanding open out door common roof top terrace & entertainment area with delightful outdoor dining facilities
  • Lower ground floor accommodates 2 modern communal kitchen areas
  • Spacious ensuited in house office
  • Sunny rear tranquil garden courtyard & BBQ area
  • Handy laundry facilities with coin operated washer/dryer
  • The property has been beautifully refurbished throughout, 3 of the 11 rooms are ensuited with 5 common bathrooms on offer
  • Located within a strong rental precinct
  • To be sold as a going concern
  • Land size 158sqm
  • Class 1B License
  • Zoned R1 General Residential

East Redfern is fast becoming one of the inner-city’s prized investment suburbs with its close proximity to popular eateries & cafes, CBD, Central Railway Station and the upcoming South East Light Rail network.

Co-agent:
Matt Marano
Oxford Agency
02 9331 2180
0404 089 362
matt@oxfordagency.com.au

Detail

Updated on September 4, 2018 at 12:41 pm

  • Property ID: DET-4992
  • Price: SOLD $2,985,000
  • Land Size: 158 m²
  • Bedrooms: 11
  • Bathrooms: 8
  • Property Type: Boarding house
  • Property Status: Sold
  • Auction Details: 10:30am Tuesday the 4th of September 2018 inrooms at AuctionWORKS - Mezzanine Level, 50 Margaret St, Sydney NSW 2000

Property Documents

Inspection:

As Advertised or by Appointment