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DESCRIPTION:23-room New Generation Boarding House - 1 of 2 in Chester Hill
 \nLowry Property Group is pleased to present 179 Priam Street\, Chester H
 ill. A rare opportunity to acquire a fully tenanted\, mixed-use new gener
 ation boarding house delivering strong net income\, genuine scarcity\, an
 d long-term investment fundamentals in Western Sydney.\n\nComprising 23 f
 ully furnished rooms across two residential levels and two ground floor r
 etail tenancies\, the property is 100% occupied and generates $509.375 ne
 t income per annum with projected net of $540\,638. Built in 2019\, the a
 sset benefits from a significant depreciation schedule and modern constru
 ction with minimal capital expenditure requirements.\n\nKey Highlights:\n
 • Passing net income of $509\,375 p.a. with projected net of $540\,638\n•
  100% occupied across all 23 rooms and 2 retail tenancies\n• Irreplaceabl
 e asset - planning laws prevent any new equivalent being built\n• All roo
 ms fully furnished \n• Average residential tenant tenure of 3+ years\n• D
 epreciation benefits available\n\nLocation Highlights:\n• 20m | 1 min wal
 k | Council Parking\n• 20m | 1 min walk | Anytime Fitness\n• 30m | 1 min 
 walk | Bus Stop\n• 50m | 1 min walk | Chester Square Shopping Centre\n• 1
 50m | 3 min walk | Woolworths\n• 350m | 5 min walk | Chester Hill Station
 \n\nSales Process:\n• The auction will be held at AuctionWorks at 10:30am
  on Tuesday the 16th of June\, 2026\n• The price guide is $7\,450\,000.\n
 \nFor more information\, contact Lowry Property Group:\n• Jason Lowry | 0
 419 277 527\n• Nick Lowry | 0408 891 376
DTEND:20260616T113000
DTSTAMP:20260521T033853Z
DTSTART:20260616T103000
LOCATION:AuctionWORKS
SEQUENCE:0
SUMMARY:Auction: 179 Priam Street\, Chester Hill NSW
UID:CRE-2020859043-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>23-room New Generation Boarding Hou
 se - 1 of 2 in Chester Hill <br/> Lowry Property Group is pleased to pres
 ent 179 Priam Street\, Chester Hill. A rare opportunity to acquire a full
 y tenanted\, mixed-use new generation boarding house delivering strong ne
 t income\, genuine scarcity\, and long-term investment fundamentals in We
 stern Sydney.\n <br/> \n <br/> Comprising 23 fully furnished rooms across
  two residential levels and two ground floor retail tenancies\, the prope
 rty is 100% occupied and generates $509.375 net income per annum with pro
 jected net of $540\,638. Built in 2019\, the asset benefits from a signif
 icant depreciation schedule and modern construction with minimal capital 
 expenditure requirements.\n <br/> \n <br/> Key Highlights:\n <br/> • Pass
 ing net income of $509\,375 p.a. with projected net of $540\,638\n <br/> 
 • 100% occupied across all 23 rooms and 2 retail tenancies\n <br/> • Irre
 placeable asset - planning laws prevent any new equivalent being built\n 
 <br/> • All rooms fully furnished \n <br/> • Average residential tenant t
 enure of 3+ years\n <br/> • Depreciation benefits available\n <br/> \n <b
 r/> Location Highlights:\n <br/> • 20m | 1 min walk | Council Parking\n <
 br/> • 20m | 1 min walk | Anytime Fitness\n <br/> • 30m | 1 min walk | Bu
 s Stop\n <br/> • 50m | 1 min walk | Chester Square Shopping Centre\n <br/
 > • 150m | 3 min walk | Woolworths\n <br/> • 350m | 5 min walk | Chester 
 Hill Station\n <br/> \n <br/> Sales Process:\n <br/> • The auction will b
 e held at AuctionWorks at 10:30am on Tuesday the 16th of June\, 2026\n <b
 r/> • The price guide is $7\,450\,000.\n <br/> \n <br/> For more informat
 ion\, contact Lowry Property Group:\n <br/> • Jason Lowry | 0419 277 527\
 n <br/> • Nick Lowry | 0408 891 376</P></body></html>
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