Here is a unique opportunity to acquire a high yielding fully compliant exceptionally renovated and maintained 2 storey 29 room full brick building operating as budget accommodation.

All rooms are furnished and equipped with flat screen TV’s and fridges. The communal area includes multiple modern bathrooms, commercial kitchen, 2 kitchenettes, dining area, pleasant courtyard area and on-site parking. Land size 575 square metre and building area 444 square metre approx.

This is a proven recession proof land tax exempt investment with excellent cash flow is within close proximity to Cronulla beach, cafes, restaurants, shops and public transport. Zoned R3 medium density residential could suit bed and breakfast accommodation, boarding houses, child care centres, hostels, seniors housing etc. subject to council approval. Your inspection is highly recommended. Highly suitable for DIY super funds.
Inspect by appointment