An exceptional opportunity to acquire a substantial Inner-West boarding house investment comprising 18 rooms and 4 bathrooms across two adjoining titles. Offered in one line or individually, the asset presents a secure and proven income stream under a 5 + 5 year head lease, making it an attractive passive investment with strong underlying land value and future flexibility.

Positioned in a tightly held and highly accessible pocket between Newtown and Marrickville, the property benefits from enduring tenant demand driven by its proximity to vibrant village amenities, major transport links and lifestyle attractions.

Key Investment Highlights:
Established boarding house investment on two separate side-by-side titles
18 rooms and 4 bathrooms in total
Configured as 9 rooms and 2 bathrooms per property
Gross annual return: $197,600 ($238,680 from July 2026)
Current lease term commenced 1 July 2021 and expires 30 June 2026
Option period executed – commencing July 2026 for a further 5 years
Secure 5 year head lease
Available to purchase in one line or individually
Two modern communal kitchens
Laundry facilities including coin-operated washer and dryer
Varying room sizes across both properties
Rear pedestrian access
Fire compliant
Combined landholding of approx. 301 sqm
(5 Liberty St – 147 sqm | 7 Liberty St – 154 sqm)
Zoned R2 Low Density Residential

Set in a popular and well-connected rental precinct, the property is within walking distance of Enmore’s vibrant cafés, eateries and retail amenity, while also enjoying close proximity to Newtown, Marrickville and major transport networks. This is a location with proven rental appeal, underpinned by lifestyle convenience and strong inner-city accessibility.