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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

Description: Only opened six months ago. Immaculate presentation. 5 Minutes walk to busy shopping, café / restaurant area and trains to city.

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:
4904762


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uniqueID : 4904762

Contact

Name:Manenti Quinlan and Associates

Phone:0297448833

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