INSPECT: Saturday 2:00 – 2:30pm
AUCTION: On site Saturday 21st of December 2013 at 2:30pm
CONTACT: Joe Murania 0416 044 267

Located within a few minutes walk to Burwood shops and train station is this grand Federation home which is currently operating as a fully licensed boarding house with a separate self-contained flat upstairs.

Currently returning over $70,000 per year from long standing tenants with plenty of room for improvement. Some rooms feature their own kitchen and bathrooms with others having shared facilities.

Positioned on over 18m of street frontage with a total area of over 860sqm of land with Land Tax exemption if left as a boarding house.

This is the perfect opportunity for the astute investor with huge future growth potential in this fast growing area. The property is not heritage listed nor in a conservation area and would even suit a family looking for a large property in the heart of Burwood to either renovate or re-develop (STCA) within metres to all Burwood has to offer.