For Sale By Neg
3 Frenchs Forest Road, Frenchs Forest, NSW 2086
22 Room Boarding House in the Heart of Campbelltown - Excellent Investment
Positioned in a prime location within level walking distance to the cosmopolitan centre of Campbelltown with an array of shopping, cafe's, restaurants and businesses.
Located at the end of a quiet street with sporting fields and open parks nearby.
The boarding house contains 22 separate rooms, 6 bathrooms, 3 kitchen areas, common room plus parking onsite for 9 cars
This property is ripe for an update to capitalise on the rental returns.
Current Nett Yearly Incomes are below:
1st July 2022 - 30th June 2023 = $153,709
1st July 2023 - 30th June 2024 = $177,627
Outgoings: Approximates Only
Water Rates - Approx: $850 per quarter
Council Rates - Approx $1,320 per quarter
Electricity - Approx $3,500 per quarter
Property Info
LEGAL DOCUMENTS
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