109 Cambridge Street, Stanmore, NSW 2048
STRONG PERFORMING INNER WEST ACCOMMODATION - 30 ROOMS PLUS MANAGERS - MOTIVATED VENDOR
Offering both long-term and short-term accommodation, this registered boarding house has been operating successfully and profitably by the current owner operator since 2005. Known as "Cambridge Lodge", this is an opportunity for an astute purchaser to secure a grand two-level building, providing 30 rooms plus an office and managers apartment, on the corner of Cambridge Street and Merchant Street.
Being an attractive option for residents means 109 Cambridge Street is a strong income producer. The property is across the road from Montague Gardens, just 400m from Stanmore Station, and near a broad range of appealing and popular amenities.
> 30 private rooms plus office and managers apartment
> Appealing accommodation that blends period features with modern improvements
> Site area of approximately 847sqm*
> Features outdoor/ indoor courtyards, and separate kitchen and dining areas
> Mixed configuration offering single, twin, double, triple and family rooms with 8 shared bathrooms, kitchenettes and onsite parking for 5 cars
> Versatile and attractive investment offered fully furnished and operational
> Trading as "Cambridge Lodge" for 17 years with considerable good will and strong Google ratings
> Includes well established website cambrigelodge.com.au
> Ideally positioned within walking distance to transport links, educational establishments, hospitals, popular shopping strips and entertainment venues
> Successfully and profitably run by our vendors since 2005 they are now seeking a definite sale
*All amounts, areas and distances are approximate
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- Property ID: L20706048
- Property Type:Hotel/Leisure
- Building / Floor Area:653 sqm
- Land Area:847 sqm
- Car Spaces:5
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