FULLY LEASED NEW AGE BOARDING HOUSE IN PRIME INNER WEST LOCATION
Adam Charles are proud to present a rare opportunity to acquire a newly constructed, fully leased boarding house in one of Sydney's most tightly held inner west precincts.
This modern, low-maintenance asset delivers strong rental income, significant depreciation benefits, and enjoys consistent tenant demand.
Ideally located directly opposite Concord Hospital and three minutes from Concord West train station, the property is highly sought after by medical professionals, students, and young professionals.
Key Highlights:
• 14 self-contained studio rooms with covered parking for 3 cars and 5 motorbikes
• Fully leased with gross income of $371,570 p.a. and net income of $326,048 p.a.
• Prime 604 sqm corner position directly opposite Concord Hospital
• 3-minute drive to Concord West train station
• Strong and proven demand from medical professionals, students, and young professionals
• Strategic connectivity, excellent access to Parramatta Road and bus services to Strathfield, Burwood, and Sydney CBD
For Sale via Expression of Interest closing 4pm, 10th June, if not sold prior.
Contact the exclusive agent for more information.
Features
14 bedrooms
14 bathrooms
directions_car3 carspaces
crop_free604 m² lot size
cottageBlock of units
Property history for 24 Fremont St
2024
Rented
Undisclosed
Leased on 23 Aug 2024 by Exclusive Real Estate
2024
Rented
Undisclosed
Leased on 23 Aug 2024 by Exclusive Real Estate
2024
Rented
Undisclosed
Leased on 16 May 2024 by Exclusive Real Estate
Happy sellers in Concord West
68%
sentiment_satisfied
68% of sellers in Concord West reported that their sale price either exceeded or met their price expectations.
Concord West stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 17 reviews in Concord West over the last 12 months.
Local market activity for 14 bedroom block of units in Concord West
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.