Expressions of Interest

Exclusive Real Estate has the pleasure in offering a new age Boarding House for sale via expressions of interest, which represents a unique and exceptional opportunity to acquire a fully occupied asset in a rising rental market. With a current GAR of $665,000 pa and scope to increase by around 10% to $720,000 GAR pa in the coming months, strong return and great cash flow is sure to please the astute investor.

With 32 self contained studio apartments including the managers room all with internal kitchen, bathroom and laundry this hassle free investment is a set and forget opportunity. Set in one of the most transpiring suburbs in the Inner West and within 8 minutes to Sydney CBD.

Building Summary:
» Full Brick Construction
» Potential GAR $720,000*
» Part, 2 ,3 & 4 story building.
» Currently Fully Leased
» Partly furnished
» Strong depreciation
» Land Tax Exempt
» Future Proof Investment
» Single basement with 8 car spaces
» Quiet tree line street behind Ashfield Park
» Perfectly positioned and close to amenities, 850 m to Ashfield train station and mall (10 min walk)
» Within 300m walk to Parramatta Road, Bus 461x to both Burwood Station and Domain/Pitt St, Bus 406 to Ramsay St, Haberfield and First Ave, Five Dock