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Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

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Land Area ()

Property Description

JLL, as the exclusive selling agents are proud to offer a premium New Generation Boarding House for sale by Expressions of Interest. Completed in June 2020, the asset has outperformed the market to maintain consistent occupancy. This is testament to the modern design, quality of construction, finishes and central location next to a raft of retail and transport amenity.

Investment Highlights

Property Highlights:

  • 34 double studios all featuring balcony or garden space
  • Fully furnished, self contained studios separately metered for utilities
  • Fully leased gross income of approx. $525,200.00 per annum
  • Secure basement parking for 16 cars
  • Tremendous leasing record – 97% occupancy
  • Convenient access to retail, leisure, healthcare and transport amenity
  • 550m* stroll to the train station providing a direct link to Sydney CBD

For sale via Expressions of Interest closing 1pm Thursday 20th May, 2021.

Last Updated Date: 27 Apr 2021
Gordon McFadyen
Director, Metropolitan Sales & Investments – NSW
Dylan McEvoy
Director

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Last Updated Date: 27 Apr 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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