33 Greenwich, GREENWICH NSW 2065
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- Hotel / Leisure
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- 18 x Onsite parking
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- 16 Dec 2016
Bodacious Boarding House Opportunity
Greenwich Village Accommodation' is a once in a lifetime opportunity to secure a 4 level, 95 room, 168 bed (approved for 175) boarding house with rooftop views of Sydney Harbour and Sydney CBD on a huge block of land. The property is calling for a savvy investor with an eye for an opportunity to freshen up the property and have it running to its full potential. The property is currently used for student accommodation (predominately international) with a third open to the public.
There is currently strong demand for boarding houses largely attributed to the market, the high returns they provide and the increased control from managing the operations side.
The property is perched prominently on the corner of River Rd and Greenwich Rd in the affluent harbour side suburb of Greenwich on Sydney's Lower North Shore easily accessible via public transport. Greenwich is located 7km North-West of Sydney CBD, the suburb enjoys harbour views, various parks, harbour swimming pool, restaurants, cafes, shops and pockets of bushland.
For further information, please contact Toby Silk
* source: vendor, all areas are approximate
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
33 Greenwich GREENWICH