High-Yield Turnkey New-age Boarding House

Discover a remarkable investment opportunity at 62 Enmore Road, Newtown. Located in the highly desirable inner-city area of Newtown, this premium block of 16 self-contained studios is surrounded by lively precincts and is in close proximity to the University of Sydney. With a strong cash flow and minimal vacancy throughout the year, this property would make a great investment.

Key Features:
- 16 self-contained studios spread across 3 levels, with 100% occupancy
- A shop front facing Enmore Road with a long-term commercial tenant
- Rear lane access to 4 secure parking on the ground floor
- Current net income of approximately $390,440.00 per annum
- A spacious communal rooftop for residents to enjoy
- Strong and diversified cash flow with potential for rent growth
- Conveniently located in the heart of Newtown, walking distance to Newtown train station and the iconic Enmore Theatre.

This property is available for sale through Expression of Interest. For inquiries and offers, please contact the team at Mclaws Property. Don't miss out on this exceptional investment in the thriving inner city of Newtown.