Presenting a fantastic opportunity to acquire 2x registered boarding houses, featuring 13 rooms, set over two titles of land and in an ultra-convenient inner-west location. Situated on approximately 472sqm of land, each room is equipped with a kitchenette and 11 rooms with ensuites. The property also boasts a large courtyard, spacious communal areas, two internal laundries and 2x car spaces plus additional motor bike and push bike parking.
70a Crystal Street having recently undergone extensive refurbishment and 70b Crystal Street being a new build, these properties represent an outstanding opportunity for investors to acquire a well-positioned property with strong rental yield.
Property Highlights:
– 2x Registered boarding houses totalling 13 rooms
– Approximate combined land area of 472sqm
– Zoned R2 Low Density Residential
– Each room accommodates a kitchenette
– 11 rooms with private ensuites, 2 rooms with shared bathroom
– 2x car spaces plus additional parking for motor bikes/push bikes
– Spacious and connected, sun filled west facing courtyard
– Attractive ready-made opportunity with solid rental returns
– Stroll to local cafes, eateries, and transport
EOI Closing: Thursday, 22nd February 2024, 4pm
