With a 7 year building warranty, depreciation schedule.
Consisting of a 10 studios plus one managers room, this is a
rare opportunity to secure a premium investment in the heart of
Stanmore making it ideal for astute investors or those seeking
a high-return rental property. Approved for 19 boarders with the
potential to increase rent.
Key Features:
• High-Yield Investment - Newly Built (2024) New-age boarding house
• Contemporary design with high-quality finishes throughout
• Comprises of 10 Studios all self contained plus one managers room,
all with kitchenettes and bathrooms perfect for multiple living arrangements
• Includes Lift access
• Open Parking, 5 designated parking spaces, a rare find in this area
• Stylish finishes, quality appliances, and smart layouts maximise
space and natural light
• Prime Location, close to public transport, local shops, cafes, and schools
• High returns on investment : great rental returns and future growth
• Makes a smart addition to any portfolio in high-demand
• Current rental income - $338,000 per annum (approx net)
Head lease also pays water usage , cleaning and maintenance on the building and electricity
Contact Steve Kremisis 0414 818 317 for private inspection
