49 Carlton Crescent, Summer Hill, NSW 2130

469 sqm

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.

• Current Gross annual rent of $347,800* with scope to significantly increase

• Substantial block of approximately 720m2*

• 18 rooms all self-contained

• Enjoy strong returns

• Historically attracts long term tenants

• 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