1 Johnston Street,
Annandale, NSW 2038
Hotel, Motel & Leisure • Development Sites & Land • Other
Price information
Sale
$3,990,000
Under Contract
Key property information
Land area
Floor area
Car spaces
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$182,000
Private inspections
to arrange a private inspection.
X Commercial - Inner West
1.6/135 Victoria RoadDRUMMOYNE, NSW 2047
1 Johnston Street
Annandale, NSW 2038
Map of 1 Johnston Street
Train stations within 5 km of 1 Johnston Street, Annandale, NSW 2038 Distance Stanmore Station 909 m Petersham Station 1.4 km Lilyfield Station 1.5 km Newtown Station 1.6 km Jubilee Park Light Rail Station 1.6 km POWERED BY HERE ©Tram stops within 5 km of 1 Johnston Street, Annandale, NSW 2038 Distance Lilyfield Station 1.5 km Rozelle Bay Light Rail Station 1.7 km Leichhardt North Light Rail Station 1.9 km Glebe Station 2.1 km Hawthorne Light Rail Station 2.1 km POWERED BY HERE ©Bus stops within 5 km of 1 Johnston Street, Annandale, NSW 2038 Distance Parramatta Rd Before Johnston St 132 m Parramatta Rd After Northumberland Av 184 m Parramatta Rd at Nelson St 235 m Parramatta Rd After Bridge Rd 243 m Parramatta Rd Before Young St 394 m POWERED BY HERE ©
POWERED BY HERE ©
FULLY LEASED BOARDING HOUSE INVESTMENT
- Current net income $182,000* per annum
- 14 room Victorian boarding house
- Rental reversion opportunity
X Commercial and HTL Property are delighted to present an exceptional investment opportunity at 1 Johnston Street, Annandale, located in the highly sought after Inner West of Sydney.
This charming Victorian boarding house offers a unique blend of classic architecture and modern functionality. The property consists of 14 rooms, providing a mix of self-contained studios and double rooms with shared facilities. Set across four levels, the building features rear lane access, offering convenient parking and storage options. The property is currently fully leased, generating a net income of $182,000 per annum, with further potential for rental reversion, providing a compelling opportunity to increase rental yields.
Situated just 5km from the Sydney CBD, this prime location offers unmatched convenience and connectivity. The area is well served by frequent bus routes and the light rail, providing direct access to the city. Positioned near the intersection of Parramatta Road, a key artery leading into the CBD and linking to the M4 Motorway and Great Western Highway, the property enjoys easy access to greater Sydney.
Key Highlights of 1 Johnston Street, Annandale:
- Approved 14 room Victorian boarding house
- Rental reversion opportunity
- Current net income $182,000* per annum
- Mix of self-contained units and rooms with shared facilities
- Rear access, parking and storage
- Site area 450sqm*
- Communal laundries & communal living areas
- 1km* Stanmore train station
- 2km* to The University of Sydney
- 5km* to Sydney CBD with multiple bus routes along Parramatta Rd
For more information or to organise an inspection, please contact the exclusive agents.
HTL Property
Nic Simarro - 0403 005 7...
X Commercial
Daniel O'Brien - 0404 860 7...
Lachlan Palm - 0431 723 0...
*Approx
This charming Victorian boarding house offers a unique blend of classic architecture and modern functionality. The property consists of 14 rooms, providing a mix of self-contained studios and double rooms with shared facilities. Set across four levels, the building features rear lane access, offering convenient parking and storage options. The property is currently fully leased, generating a net income of $182,000 per annum, with further potential for rental reversion, providing a compelling opportunity to increase rental yields.
Situated just 5km from the Sydney CBD, this prime location offers unmatched convenience and connectivity. The area is well served by frequent bus routes and the light rail, providing direct access to the city. Positioned near the intersection of Parramatta Road, a key artery leading into the CBD and linking to the M4 Motorway and Great Western Highway, the property enjoys easy access to greater Sydney.
Key Highlights of 1 Johnston Street, Annandale:
- Approved 14 room Victorian boarding house
- Rental reversion opportunity
- Current net income $182,000* per annum
- Mix of self-contained units and rooms with shared facilities
- Rear access, parking and storage
- Site area 450sqm*
- Communal laundries & communal living areas
- 1km* Stanmore train station
- 2km* to The University of Sydney
- 5km* to Sydney CBD with multiple bus routes along Parramatta Rd
For more information or to organise an inspection, please contact the exclusive agents.
HTL Property
Nic Simarro - 0403 005 7...
X Commercial
Daniel O'Brien - 0404 860 7...
Lachlan Palm - 0431 723 0...
*Approx
Explore property virtually
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504686796Last Updated: 28 Oct 2024
X Commercial - Inner West1.6/135 Victoria Road
DRUMMOYNE, NSW 2047
DRUMMOYNE, NSW 2047
HTL Property - SydneyLevel 3, 319 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000