6 Clarence Street, BURWOOD NSW 2134
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- 23 Oct 2016
Boutique budget accommodation with excellent cashflow
Instantly appealing thanks to its highly convenient position within a stroll to the heart of Burwood, this large Federation property offers excellent rewards for investors. It is configured for boutique budget accommodation with 15 lettable rooms and a separate caretaker's apartment and is presented in great condition with an immediate income stream. This super convenient position is tucked away in a quiet street with Burwood's train station, shopping and dining strip just around the corner.
Set on the high side of the road, the property occupies an expansive 1,151sqm landholding with an extra-wide 24m street frontage. The interiors have been very well maintained and consist of a combination of fully self-contained rooms and bedrooms with shared kitchen and bathroom facilities. There is a deep front garden and off-street parking for multiple vehicles. The caretaker's cottage has recently been constructed and features modern finishes throughout.
This is a great opportunity with exceptional cashflow and a location that is second to none. The property is also land tax exempt.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Open for Inspection Timesmake an appointment (inspections by appointment only)
- Saturday, 29 October 2016
- 01:30pm to 02:00pm
29/10/2016 14:00:00 Add to Calendar
6 Clarence Street BURWOOD