Eastern Suburbs Boarding House

Key Features of this opportunity

New Depreciating Asset
34 lettable tenancies (70-80% Let)
*Estimated Gross Market Income $700,000 PA (Higher prior to COVID-19)
Modern Luxury rooms (Including Kitchen, Bathroom, Aircon and Balcony)
Walking distance to beach
Located in Dining & Retail precinct
Direct Public transport to CBD at doorstep

For more information on this opportunity contact the Allbiz team. 

Allbiz Deal Room
T: 1800 858 696

For more details go to https://allbizsales.com/au and complete our online confidentiality agreement. Use the reference ID NSW09758 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.