Savills and Colliers are pleased to present Five PM - Burwood, located at 40-46 Stanley Street, Burwood, available for sale via Expressions of Interest, closing at 3:00 PM on Wednesday, 26 March 2025.
This outstanding, newly completed co-living investment, finished in March 2024, is positioned in the vibrant heart of Burwood. Spanning 7 levels with 2 secure basement parking floors, this premium property offers exceptional scale, versatility, and strong growth potential in one of Sydney's most sought-after locations.
Key Features:
+ 95 fully furnished, air-conditioned studios across 5 residential levels
+ A diverse mix of 26 double studios, 63 private single studios, 5 accessible rooms, and a dedicated manager's residence
+ 48 secure parking spaces across 2 basement levels
+ One of the largest freehold co-living assets in Australia
+ Outstanding connectivity, just 800m from Burwood Train Station*
+ Flexible management agreements tailored to various operational strategies
+ Compact and affordable rooms with outstanding natural light and functionality
+ Wealthy student and Asian concentrated market
+ $885 per week median rental price in Burwood as at January 2025
+ Strategically positioned to benefit from strong rental market growth and the rising demand for co-living spaces
+ Ability to leverage the burgeoning rental market that increased 23.6% year on year** with a sharp 1.11%** vacancy
This is a rare opportunity to acquire a landmark co-living property with strong income potential and promising long-term growth.
Expressions of Interest close at 3:00 PM, Wednesday, 26 March 2025.
For more information or to arrange an inspection, please contact the exclusive agents.