This two-storey full brick property is located on the fringe of Mona Vale's bustling Town Centre. Walking distance to local transport, schools, playing fields and Mona Vale Hospital.
Accommodation spread over two levels trading as Northern Beaches Accommodation. Benefiting from a land area of 563sqm, this opportunity comprises 12 rooms, 6 with en-suite bathrooms, 2 communal bathrooms, 2 communal kitchens, shared laundry and off-street parking.
· Registered boarding house.
. Makes a great value-add project with potential to upgrade to student accommodation (S.T.C.A)
· Presently the asset generates income of $216,840.00 per annum with room for improvement.
. Strong letting area.
· Recession proof investment
Auction details:
The auction will be held on Tuesday, May 07, 2024, at 10.30am (AEDT) unless sold prior.
Conducted by Auction Works, the auction will be held on the mezzanine level, 50 Margaret Street, Sydney.
For further information on this exceptional opportunity, please contact the exclusive selling agent listed below.
Joe Vigorito
Romani Estate Agents
Ph: 0414 645 704
Property Code: 298
