One of the Inner West’s rarest opportunities has come knocking, a fully licensed, renovated and spacious boarding house. With massive potential for rental income through multiple options, all with the possibility to be land tax exempt this is an opportunity surely not to be missed.

Features:
*Previously operating as a fully licensed and operational boarding house
*4 rooms all with kitchenettes + separate 2 bedroom unit to the rear
*Renovated throughout boarding house, ready for new occupants from day 1
*Double lock up garage, single carport and hardstand parking
*Ideal to live in and receive massive rental income
*Walking distance to Croydon station and Village
*Generous 702m2 (approx) block with landscaped gardens front and rear

Income potential:
Option 1: 6 Room boarding house
Room 1 (inc Kitchenette): $300-320 p/w
Room 2 (inc Kitchenette): $300-320 p/w
Room 3 (inc Kitchenette): $300-320 p/w
Room 4 (inc Kitchenette): $300-320 p/w
Room 5: $300-320 p/w
Room 6: $300-320 p/w
Total Income: $1,800 – $1,920 p/w

Option 2: 4 Room boarding house, with separate 2 bedroom unit
Room 1 (inc Kitchenette): $300-320 p/w
Room 2 (inc Kitchenette): $300-320 p/w
Room 3 (inc Kitchenette): $300-320 p/w
Room 4 (inc Kitchenette): $300-320 p/w
2 Bedroom Unit: $450 p/w
Total Income: $1,650 – $1,730 p/w