REFURBISHED 4 LEVEL BOARDING HOUSE

773 South Dowling Street, Redfern

BEAUTIFULLY REFURBISHED 4 LEVEL, APPROVED 11 ROOM BOARDING HOUSE

WITH VALUABLE REAR LANE ACCESS VIA MADISON LANE

 11 Rooms | 8 Bathrooms

This charming Victorian terrace accommodates 4 refurbished levels of boutique styled boarding house accommodation, offering the new owners a proven going concern business in highly sought inner-city East Redfern.

Property overview:

• Magnificent new age boarding house on offer
• GAR on a fully leased basis approximately $175,760.00
• Fully fire compliant through City of Sydney Council
• Classic character period features include marble fire places & high ornate ceilings
• Generous communal games, media & television room
• Enjoying an outstanding open out door common roof top terrace & entertainment area with delightful outdoor dining facilities
• Lower ground floor accommodates 2 modern communal kitchen areas
• Spacious ensuited in house office
• Sunny rear tranquil garden courtyard & BBQ area
• Handy laundry facilities with coin operated washer/dryer
• The property has been beautifully refurbished throughout, 3 of the 11 rooms are ensuited with 5 common bathrooms on offer
• Located within a strong rental precinct
• To be sold as a going concern
• Land size 158sqm
• Class 1B License
• Zoned R1 General Residential

East Redfern is fast becoming one of the inner-city’s prized investment suburbs with its close proximity to popular eateries & cafes, CBD, Central Railway Station and the upcoming South East Light Rail network.

Co-agent:
Matt Marano
Oxford Agency
02 9331 2180
0404 089 362
matt@oxfordagency.com.au