A remarkable property of enduring potential, this zoned 10 mixed use three storey boarding house is conveniently positioned in the bustling heart of the renowned Surry Hills theatre and cafe district.

With 11 rooms in total with features that include kitchenettes and 2 common bathrooms, the property currently returns approximately $1300 per week. With enhancement, there is the scope to receive in the vicinity of $110,000 per annum.

Land tax exempt due to the affordable housing statutes, the terrace occupies a prime corner position and is fully fire system compliant. Although relatively presentable as is, the residence is in definite need of refurbishment.

A short walk to Central Station, Haymarket, Oxford Street and minutes to the city centre, this is an investment property of exceptional rarity.