An exciting investment opportunity exists to purchase a `new generation’ boarding house/student accommodation in an ultra-central location. The rooms feature modern interiors with engineered timber floors, stone kitchens with stainless steel appliances and stylish bathrooms. 50% of the boarding house is currently leased with a return of $112,000 per annum, while there are two communal kitchens, shared laundry facilities and a sunbathed common garden.
Ihome is a contemporary security building with swipe card access in a walk-to-everywhere address, moments to UNSW, Prince of Wales Hospital, the light rail, shops, buses and eateries.
Property Features:
– Sleek modern interiors, flat screen TV’s
– Contemporary complex in central setting
– Communal kitchen and laundry facilities
– Sunny communal backyard and gardens
– Video security with swipe card access
– 50% currently leased at $112,000 p.a.
– 500m to UNSW, 600m to POW Hospital, 300m to Light Rail
In Conjunction with Roger Wardy from Ray White
Ph: 0481 355 493
E: roger.wardy@raywhite.com
