BOARDING HOUSE LEASEHOLD FOR SALE – SUPERB LOCATION - STRATHFIELD - INNER WEST SYDNEY
For sale by Manenti Quinlan and Associates | Ray Larkin
Ads Details Leasehold $250,000
Star Standard: 3.5 star
Construction: 22 units. Two storey rendered brick with brick wall partitions. Very well built and presented.
Interior: Fully self-contained rooms with kitchenettes. Quality furniture throughout. All tiled floors. Large spacious rooms. Best in area by far.
Clientele: Corporate, interstate, inbound, country travellers
Land Area: 900m2 Approx.
Tariffs: From $700 Per Week to $1,200 Per Week in Peak Time
Chain Affiliation: No
Laundry: Guest Laundry
Restaurant: No - 5 Minutes to Strathfield Restaurants & Cafes
Services: Fully self-contained. Cooking facilities in all units
Lease Term: 14 Years (7 + 7 Years)
Rent: $8,140 per week; $423,288 per annum
Turnover: $685,000 to $700,000 Budgeted
Comment: By far the best in the area. Very high quality, easy to clean and operate. High end stone kitchens with large bathrooms.
MQ Property ID:
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Name:Manenti Quinlan and Associates