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Attributes

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Property Description

JLL, as the exclusive selling agents are proud to offer a premium New Generation Boarding House for sale by Expressions of Interest. Completed in June 2020, the asset has outperformed the market to maintain consistent occupancy. This is testament to the modern design, quality of construction, finishes and central location next to a raft of retail and transport amenity.

Investment Highlights

Property Highlights:

  • 34 double studios all featuring balcony or garden space
  • Fully furnished, self contained studios separately metered for utilities
  • Fully leased gross income of approx. $525,200.00 per annum
  • Secure basement parking for 16 cars
  • Tremendous leasing record – 97% occupancy
  • Convenient access to retail, leisure, healthcare and transport amenity
  • 550m* stroll to the train station providing a direct link to Sydney CBD

For sale via Expressions of Interest closing 1pm Thursday 20th May, 2021.

Last Updated Date: 17 Jun 2021
Gordon McFadyen
Director, Metropolitan Sales & Investments – NSW
Dylan McEvoy
Director

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Last Updated Date: 17 Jun 2021

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