773 South Dowling Street, Redfern NSW 2016

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, 5 of the 11 rooms are ensuited with 3 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.

In conjunction with:
D'Ettorre Real Estate
Dominic D'Ettorre
0411 389 384