This is a rare opportunity to purchase this DA Approved 8 Room Boarding House with income on completion of approx. $100,000 Gross per Annum.
Located in the popular North Granville in a quiet street only 600m to Granville Railway Station, 650m to Harris Park Railway Station and 1km to Parramatta CBD (1km). HIGH YIELD INVESTMENT potential which is hard to find in Sydney, especially so close to 2 train stations and Parramatta CBD.
Key Property Highlights:
* Approval for 8 rooms boarding house
* HIGH YIELD investment.
* Potential income of approx. $100,000 Gross Per annum
* Estimate 7% gross return on project completion
* Easy quick Build Remaining House Stays – with small extension.
* Parramatta CBD campus (1km) home to approx. 10,000 undergraduate & postgraduate students.
* Walk to TWO Stations
The current 4 Bedroom Home:
*Fully renovated and restored in 2016
*4 large bedrooms all with built in robes
*Modern kitchen with gas cooking
*Huge lounge room with featured marble fireplace and access to wrap around bull nose veranda
*Modern fully tiled bathroom with separate shower and bath/Internal laundry plus 2nd bathroom
*Wide driveway with off street parking for 4 vehicles
Don’t miss out on this great property only moments to Parramatta CBD.