Located in Sydney’s Inner West just 8kms from the City centre, this clean and convenient hostel provides affordable and comfortable accommodation from a combination of hostel, single and double/twin rooms. Common facilities include bathrooms, large self-catering kitchen and dining area, a sunny leafy courtyard and security parking. With a strong income and future bookings this is a rare opportunity to secure a substantial and established boarding house in a prime inner west location.

- Going concern business, in excess of $950,000 per annum, low outgoings
- Significant rise in cash flow & operations in past 3yrs, Scope for further growth
- Rental alliance with St Vincents, Mission Australia & Centrelink
- Land tax exempt under SEPP 10 low cost boarding housing scheme
- Freehold purpose built accommodation set out over 3 main buildings
- Currently 72 rooms incl. 11 dormitories, 179 beds, 5 guest parking
- 1,492sqm (approx.) parcel of land with 2 street frontages.
- Prime Inner West location near shops, cafes, trains and buses.
- Rare opportunity for astute investors or owner/operators.

Inspection strictly by prearranged appointment

Outgoings (all approx):
Council $896pq Water $1,046pa Land Tax Exempt

Information Memorandum available on request.

Call Exclusive Agents:
Anna Mildon, The Agency – 0434 317 900
Steven Rudman, Capital Corporate Property – 0414 226 691

Disclaimer: All information contained herein is gathered by The Agency from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make & rely upon their own inquiries.whether or not this information is in fact accurate.