Chippendale

Located opposite lovely Victoria Park and Right at Sydney University and Broadway. Walk RPA Hospital and UTS. 35 Lettings, 3 SEPARATE TITLES TO BE SOLD IN ONE LINE. Consisting of two by three storey terraces and one by two storey ex-hotel all operating as a boarding house. This is a terrific opportunity to either upgrade into a backpackers serviced hotel, student accommodation, strata apartments or 3 terrace homes, subject to council approval.
Fully let and refurbished income potential as a boarding house is around $550,000 p.a. approx. WITH LONG TERMS TENANTS or AS A BACK PACKERS Hotel APPROX $900,000 PA.
This Information Is Not To Be Used As An Inducement To Buy This Property. You Must Check and Verify all of This Information Before Purchasing.

Sold

$5,000,000

Details

  • • Building size 1100 sqm

Available documents

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