22 Grosvenor Crescent Summer Hill NSW 2130

IB Property is pleased to present 22 Grosvenor Crescent - a rare opportunity to acquire a fully leased, newly renovated boarding house in the heart of Summer Hill, one of Sydney's most sought-after Inner West suburbs. This property comprises 6 self-contained studios and a separate granny flat, each equipped with kitchenettes and private bathrooms. The property is registered and licensed as a boarding house, ensuring compliance. Retail potential of $180,000 per annum.

Property Details & Investment Highlights
Land Area: 343 m²
Building Configuration: 6 self-contained studios &1 self-contained granny flat
Amenities: Kitchenettes in each unit, Private bathrooms, Shared laundry facilities
Compliance: Registered and licensed boarding house
Rental Potential: $180,000 per annum
Renovation: Recently renovated, requiring no immediate capital expenditure

Location Overview
Summer Hill is a vibrant and rapidly growing suburb in Sydney's Inner West, known for its leafy streets, excellent schools, and proximity to public transport. The property is ideally located within walking distance to Summer Hill and Ashfield train stations, providing easy access to Sydney's central business district. Local amenities include cafes, parks, and shopping precincts, making it a desirable location for tenants.