Open by Appointment
Registered 19 room boarding house
Recently completed boarding home offering high income, low vacancy and plenty of growth!
Situated just a short walk to Ashfield train station, bus transport and vibrant shopping centre, this fully rebuilt and extended two storey Registered Boarding House, consists of 19 self-contained studios.
With its well-organized and presented, low maintenance finishes throughout, modern facilities and productive systems for easy and efficient management, an investment like this is the perfect opportunity for passive investors looking for a secure, high-income generating asset, in a time of low interest rates and slow economic growth.
Instant cash flow, currently returning approximately $358,280.00 per annum with potential to improve, large 728sqm land, 490sqm building area, easily accessible location, low care facilities, multiple on-site parking, high tech self-contained office and systems.
Close to Transport
Close to Shops
Close to Schools