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. |
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| Price: | Upon application | |||||||||||
| Stock Value: | Upon application | |||||||||||
| Net Profit: | $ 320,000.00 approx | |||||||||||
| Turnover: | $ 355,000.00 approx | |||||||||||
| Accounting Figures FY: | 2019 | |||||||||||
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