22 Grosvenor Crescent

Summer Hill NSW 2130

343 m²

House

Currently for sale - view listing

Overview

Fully-Leased Boarding House in Prime Summer Hill Location

Positioned in one of the Inner West's most sought-after lifestyle precincts, this well-maintained, fully leased boarding house presents an exceptional investment opportunity with steady holding income and long-term growth potential. Set within a highly desirable pocket of Summer Hill, the property offers immediate cash flow, minimal vacancy and a blue-chip location just moments from transport, shopping and lifestyle amenities. Conveniently located within walking distance to Summer Hill Village, Summer Hill Train Station, Ashfield's retail precinct, local cafes, schools, parks and public transport, this is a rare opportunity to secure a premium income-producing asset in one of Sydney's most tightly held Inner West suburbs. Key Features: • Registered Boarding House with strong investment returns • Six fully self-contained studios plus a separate self-contained granny flat • All accommodation includes private bathrooms and kitchenette facilities • Fully leased with immediate rental income of approximately $3,300 per week • Returning approximately $171,600 per annum with scope for future increases • Recently updated and well-presented throughout • Low-maintenance investment with strong tenant demand • Walk to Summer Hill Station, Summer Hill Village and Ashfield shopping precinct • Close to leading schools, parks, cafes and Inner West lifestyle amenities • Rare opportunity to secure a high-performing asset in a blue-chip location 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.