Conveniently located in the heart of Strathfield, close to restaurants, cafes, shops, schools and transport this low maintenance building offers an excellent investment opportunity
comprises 24 furnished self-contained studio apartments with each studio boasting individual amenities, kitchens, bathrooms and parking and video security intercom system.
Registered boarding house with Burwood Council. The premises are approved for 24 rooms and permitted number of lodgers is 40. There is potential to increase your income as per the permit. Presently there is 1 lodger per unit.
* 24 self contained studio apartments
* Each with kitchen and bathroom
* Parking spaces
* Walk to amenities
Income (approx)
$300,000 per annum
Outgoings (approx)
Land Tax: NIL
Insurance: $4,340 per annum
Council Rates: $2,632 per annum
Electricity: $9,389.84 per annum
Gas: $4,000 per annum
Water Rates: Service charge $1,477.40 per annum + sewerage + meter reading
Inspect
Saturday 2.00pm – 2.45pm
Contact
Robert Pignataro 0419 446 641
Ben Jung 0410 546 506
Natural Light; Modern Kitchen; Modern Bathroom; Internal Laundry; Gas; Close to Transport; Close to Shops; Close to Schools; Air Conditioning/Heating; Newly Built; Parking; Quiet Location; Renovated; Secure Parking; Security