Just off Boundary Street in West End’s hub, these two boarding houses are situated on a substantial 971m2 of LMR zoned land with high unimproved capital value.
Currently returning an excellent income, there is still room for further rental increases. Always fully occupied, the boarding houses are being sold inclusive of all furnishings.
Fully registered and accredited, the two boarding houses have a total of 23 rooms with eighteen doubles and five singles. The first house features twelve double bedrooms, one with an ensuite, and five single bedrooms. The second boarding house consisting of six double bedrooms. All bedrooms feature their own bed, desk, fridge, television, cupboard and wardrobe.
Less than two kilometres from the CBD, this property is within close proximity of all amenities, making it a popular rental location.
This prime inner city investment offers the astute purchaser an excellent holding income for a property which is assured very strong capital growth. Buy it now.
Two boarding houses
Always occupied
Fully furnished
971m2 land zoned LMR
Two kilometres to CBD
Close to amenities
Handy to transport