St Leonards Mansions is a well-established Boarding House consisting of three adjoining freehold properties on a substantial land holding of approx. 2,034sqm. The property with a total of 40 rooms and on-site parking for 14 cars* provides a stable cash flow with the potential to reap the uplift by improving the existing conditions of the property and operation of the business.
St Leonards is located on Sydneys Lower North Shore, approximately 4.5km north of the Sydney CBD, 3km from North Sydney and 4.5km south of Chatswood. The property is conveniently located between Pacific Highway and River Road in St Leonards, both the major arterial roads in the North Shore region. With dual frontage, the property is in close proximity to train, buses, Royal North Shore Hospital and the lively cosmopolitan amenities including cases, bars and entertainment facilities.
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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