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.