This is an excellent opportunity to purchase a 2 storey terrace consisting of 10 rooms. Presently registered as a boarding house with rear vehicle access via Selwyn Street, potential to refurbish, extend and improve your cash flow. Zoned Residential 2(B), Land size 190sqm approx, strong letting area and ideal student accommodation. Located in easy walking distance to shops and transport. Great opportunity to purchase in this fashionable inner east precinct and close proximity to Sydney CBD, Kings Cross, nightlife and Oxford Street cafes. Recession proof investment and land tax exempt, genuine vendor, motivated to sell. Inspection highly recommended.