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30 Bed • 11 Bath • 1 Car • 836m²
New
33 Angelo Street, Burwood NSW 2134
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- 30Bed
- 11Bath
- 1 Car
- 836m²
Block of Units for sale30 days on Homely
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What's around Angelo Street
Block of Units description
“45 Room, Fully-Furnished, Fully-Equipped Boarding House”
Here is a unique opportunity to acquire a high-yielding, fully compliant, well-maintained, full brick building licensed for 64 persons.
Comprising 45 rooms, all furnished and equipped with kitchenette, TV and fridge. The communal area includes multiple male and female bathrooms, 4 commercial style kitchens, commercial laundry and a lovely North facing courtyard.
Modern CCTV surveillance system. Land size 836m2, building area 820m2 (approx.) currently returning $713,440.00 Per Annum.
This recession-proof, land tax exempt investment with excellent cash flow in close proximity to shops and transport, with competent management in place.
Perfectly suitable for investors or super funds.
Property features
Living Areas: 1
Land details
What's around Angelo Street
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Contact the real estate agent
Elie Semrani
Strathfield Partners
Send an enquiry
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