Positioned in a highly sought-after inner-city pocket, this substantial Victorian terrace presents an outstanding investment opportunity on approximately 206sqm. Spanning three levels and registered as a 10-room boarding house, the property combines generous proportions with traditional period character and excellent scope for further enhancement.
Each accommodation room features its own kitchenette, with four rooms benefiting from private ensuites, complemented by three shared bathrooms and two separate toilets. A communal laundry and spacious north-facing backyard further enhance the property’s appeal. Already generating strong rental yields, the property offers further potential to renovate, add value and maximise investment returns (STCA).
Property Features:
• Registered boarding house comprising ten individual accommodation rooms
• All ten accommodation rooms feature their own kitchenettes
• Four accommodation rooms benefit from their own private ensuites
• Three additional shared bathrooms complemented by two separate toilets
• Generous approximately 206sqm landholding in sought-after inner-city location
• Spacious north-facing backyard providing valuable communal outdoor space
• Strong existing rental yields with further potential for growth
