Offered to the market for the first time in 62 years, this property presents a rare and exceptional opportunity in Sydney's Inner West, an investor's dream! Currently operating as a licensed boarding house with eleven (11) separate lettings, the residence offers both functionality and potential. Set on a generous 1,138.2m² parcel of land with an impressive 17.68m street frontage, this grand Federation home exudes classical charm and heritage character throughout. Conveniently located just 650m from Burwood Train Station, it offers quick access to Central Station and Parramatta CBD, with the upcoming North Burwood Metro further enhancing its connectivity. This area is highly sought after for co-living accommodations, attracting overseas students, young couples, and white-collar professionals alike.
* Prime Burwood location on a grand 1,138.2 sqm block with a 17.68 m frontage.
* Licensed boarding house with eleven (11) separate lettings across two levels.
* Self-contained 2-bedroom granny flat with kitchen, bathroom, and internal laundry.
* Downstairs: 5 bedrooms, 5 kitchens, 4 bathrooms, multiple lounge rooms, internal laundry, expansive front lawns, side driveway, and ample rear parking.
* Upstairs: 5 bedrooms, 4 kitchens, 1 bathroom, and a balcony with City/Harbour Bridge views.
* Heritage features: High ceilings, stained-glass windows, decorative arches, fireplaces, and sheer curtains.
* Land tax exempt under the boarding house title.
* Potential annual income of approx. $265,720.00 if renovated.
* Conveniently located 650m (9-minute walk) to Burwood Train Station, with quick access to Central (12 minutes) and Parramatta CBD (17 minutes).
* Close to the upcoming North Burwood Metro, enhancing connectivity.
* Surrounded by parklands (Blair Park, Wangal Park, Burwood Park, etc.) and top schools (Burwood Girls High, MLC School, Meriden School, and more).
* Ideal for co-living accommodation, popular with overseas students, young couples, and professionals.
* Near vibrant shopping precincts, dining options, and major educational institutions (University of Sydney, UTS, TAFE).
Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.
