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49 Carlton Crescent, Summer Hill, NSW 2130

  • Floor Area:
    469sqm
    Land Area:
    720sqm
    • For Sale

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      BOARDING HOUSE WITH 18 SELF-CONTAINED ROOMS BLUE CHIP LOCATION OPPOSITE TRAIN STATION

      An ideal investment generating strong returns in a prime location, this 18 room boarding house benefits from each room being self-contained with bathroom and kitchenette.

      Positioned in the heart of Summer Hill, adjoining Summer Hill shopping village and Train Station this is an ideal investment for buyers looking to capitalise on the current housing market shortage, low vacancy rates, and the ongoing migration boom.

      • 18 rooms all self-contained

      • Enjoy strong returns

      • Current Gross annual rent of $331,240* with scope to significantly increase

      • Historically attracts long term tenants

      • Substantial block of approximately 720m2*

      • Side driveway and parking to the rear of the site

      • Land tax exemptions applicable

      • Ideally positioned within 60m* of Summer Hill Train Station, adjoining the shopping village, just 300m* from IGA Supermarket.

      • In close proximity to educational establishments and a range of popular amenities

      *All amounts, areas and distances are approximate

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      avatar Luke Smith
      Luke Smith
      Director | Licensed Real Estate Agent | Licensed Business Agent

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L21188927
      • Property Type:Hotel/Leisure
      • Building / Floor Area:469 sqm
      • Land Area:720 sqm
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