Operating as a 9 room boarding house with magnificent period features throughout including high ornate ceilings, marble fireplaces & well-proportioned rooms.
Land area is 607 sqm
The accommodation consists of 9 rooms, 7 rooms with kitchenettes 2 of the 9 rooms are fully self-contained studios, 2 communal bathrooms and 1 x communal kitchen shared by 2 rooms.
Clean & tidy accommodation with further potential to increase yield.
Current income GAR $129,220.00pa
Huge rear yard enjoying a sunlit North facing aspect, valuable rear lane car access Via Tram Lane.
Great value add potential with scope to build double garage and studios above’ STCA
Conveniently located within walking distance to Randwick shopping, UNSW, Prince of Wales Hospital, Centennial Park and transport.
An ultra –convenient location within popular rental precint, or an ideal project to restore back to a grand family home.
Price Guide
$2,500,000
Property Type
House
Size
Land 607㎡ approx
Grand & gracious classic Italianate styled free standing Terrace. Circa 1905 'Verona'
Location
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