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Buy Boarding House

Hotel/Leisure Commercial Property for Sale in Ashfield, NSW, Australia

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Title: Boarding House
ID Number: 13047
State: New South Wales (NSW)
City/Town/Suburb:ASHFIELD NEW SOUTH WALES 2131
Listing Type: Commercial Property
Categories: Hotel/Leisure, Accommodation/Tourism - Motel, Hotel/Leisure
Description: Im excited to offer 30 Chandos Street, Ashfield for sale This fully refurbished, two storey Victorian Manor has been thoughtfully converted into a Registered Boarding House, which incorporates 19 self-contained studios, each room including bathroom and kitchen ,bed ,tv ,fridge study desk ,and more well-presented finishes throughout, modern facilities and efficient systems for easy management. This investment has the ability to be adapted to suit an array of investors, from the hands-on operators to the passive investor looking for a secure high-income generating asset.

30 Chandos Street provides a high income stream, capital preservation and certainty for the investor, making this opportunity a rare commodity in such a uncertain environment.

Features Include:
- 727sqm Land Area (approx.)
- 490sqm Building Area (approx.)
- Annual passing income $355,680.00*
- Convenient and highly accessible location

The property can be viewed via a pre-arranged appointment.
Price: Upon application
Stock Value: Upon application
Net Profit: $ 320,000.00 approx
Turnover: $ 355,000.00 approx
Accounting Figures FY: 2019
Map of ASHFIELD NEW SOUTH WALES 2131, AU

Contact: MR Adel Keir
Bar invesment pl
Phone: +61 0297983009
Mobile: +61 414708342
Email: [email protected]
Web Site: www.chandoshousesydney.com.au