16 Holt Street,
Stanmore, NSW 2048
Shops & Retail • Offices • Medical & Consulting
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Sale - Auction Wed 11 Dec
AUCTION
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RWC - Western Sydney
15-17 Argyle StreetPARRAMATTA, NSW 2150
16 Holt Street
Stanmore, NSW 2048
Map of 16 Holt Street
Train stations within 5 km of 16 Holt Street, Stanmore, NSW 2048 Distance Stanmore Station 129 m Petersham Station 802 m Newtown Station 1.5 km Lewisham Station 1.5 km Taverners Hill Light Rail Station 1.8 km POWERED BY HERE ©Tram stops within 5 km of 16 Holt Street, Stanmore, NSW 2048 Distance Taverners Hill Light Rail Station 1.8 km Lewisham West Light Rail Station 1.9 km Hawthorne Light Rail Station 2.4 km Lilyfield Station 2.4 km Leichhardt North Light Rail Station 2.4 km POWERED BY HERE ©Bus stops within 5 km of 16 Holt Street, Stanmore, NSW 2048 Distance Percival Rd Opp Stanmore Station 233 m Salisbury Rd Opp Myrtle St 347 m Salisbury Rd at Myrtle St 415 m Douglas St Opp Albany Rd 511 m Salisbury Rd at Northumberland Av 558 m POWERED BY HERE ©
POWERED BY HERE ©
Leased 18 Room Boarding House In The Heart of Stanmore
- Leased Boarding House with Rental Upside
- 140 metres* to Stanmore Train Station
- Excellent Investment Opportunity
RWC Western Sydney is pleased to present 16 Holt Street, Stanmore for sale via Auction.
Offering a remarkable opportunity to secure a recently renovated boarding house capturing a mixture of traditional architecture and modern amenities. Ideal for investors to capitalise on the current housing market shortage, low vacancy rates, and the ongoing migration boom.
The property comprises eighteen (18) modern rooms spanning across two (2) levels with shared facilities. Returning an annual net passing income of $255,135.16* per annum with potential for significant increase in rents.
Strategically located in a highly desirable location only 140m* to Stanmore Railway Station, 80m* to IGA Supermarket & Local Shops and a plethora of educational establishments.
Additional highlights of the property are outlined below:
• Recently renovated entire block of 18 boarding rooms
• Furnished rooms, all with beds, wardrobes, table, chairs and appliances.
• Site Area 531.1 sqm*
• Courtyard and Dedicated Common Area
• Current annual net passing income of $255,135.16* with scope to significantly increase rents
• Land tax exemptions and depreciation benefits applicable
• 80m* to IGA & Local Shops
• 140m* to Stanmore Train Station
• Located amidst a plethora of education establishments
• Easy Access to Major Arterial Roads (Stanmore Road & New Canterbury Road)
• Realistic vendors ready to meet the market
The property will be offered for Auction, On-Site Wednesday 11 December 2024 at 1:30pm (unless sold prior).
For more information, please contact the below exclusive selling agents.
*Approximately
Offering a remarkable opportunity to secure a recently renovated boarding house capturing a mixture of traditional architecture and modern amenities. Ideal for investors to capitalise on the current housing market shortage, low vacancy rates, and the ongoing migration boom.
The property comprises eighteen (18) modern rooms spanning across two (2) levels with shared facilities. Returning an annual net passing income of $255,135.16* per annum with potential for significant increase in rents.
Strategically located in a highly desirable location only 140m* to Stanmore Railway Station, 80m* to IGA Supermarket & Local Shops and a plethora of educational establishments.
Additional highlights of the property are outlined below:
• Recently renovated entire block of 18 boarding rooms
• Furnished rooms, all with beds, wardrobes, table, chairs and appliances.
• Site Area 531.1 sqm*
• Courtyard and Dedicated Common Area
• Current annual net passing income of $255,135.16* with scope to significantly increase rents
• Land tax exemptions and depreciation benefits applicable
• 80m* to IGA & Local Shops
• 140m* to Stanmore Train Station
• Located amidst a plethora of education establishments
• Easy Access to Major Arterial Roads (Stanmore Road & New Canterbury Road)
• Realistic vendors ready to meet the market
The property will be offered for Auction, On-Site Wednesday 11 December 2024 at 1:30pm (unless sold prior).
For more information, please contact the below exclusive selling agents.
*Approximately
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Property ID: 504731868Last Updated: 7 Nov 2024
RWC - Western Sydney 15-17 Argyle Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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