314a Pacific Highway,
Greenwich, NSW 2065
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Lowry Property Group - CROWS NEST
Part Level 2, 20 Burlington StreetCROWS NEST, NSW 2065
314a Pacific Highway
Greenwich, NSW 2065
Map of 314a Pacific Highway
RISK AVERSE FREEHOLD BOARDING HOUSE INVESTMENT IN SYDNEY'S LOWER NORTH SHORE
- Fully Leased Freehold Boarding House
- 12 rooms + 4 car spaces
- 1 of 9 registered in Lane Cove LGA
Lowry Property Group is delighted to offer 314a Pacific Highway, Greenwich to market via auction commencing 10:30am on Tuesday 28th May 2024.
The last boarding house to sell in Greenwich was in 2021.
Sydney is in the midst of a housing crisis due to a lack of residential supply, increasing construction costs and greater red tape compliance. Strong local and offshore demand for residential accommodation is underpinning rental growth.
314a Pacific Highway is a low maintenance boarding house perfectly placed for rental growth.
Key Property Features:
• Only 1 of 9 registered boarding houses in the Lane Cove Council
• 100% leased with strong occupancy history.
• 12 room registered boarding house with potential to increase rents.
• Low Maintenace block with a long-term history of high rates of occupancy.
• High profile corner position with excellent access.
• Strong income from washing/drying machines and car parking.
• Located in the heart of one of NSW largest commercial, education and medical precincts, with direct access to public transport, retail, restaurants and cafes.
• Gross income of $184,980*
*Approx
Feel free to reach out if you would like more information on the property.
The last boarding house to sell in Greenwich was in 2021.
Sydney is in the midst of a housing crisis due to a lack of residential supply, increasing construction costs and greater red tape compliance. Strong local and offshore demand for residential accommodation is underpinning rental growth.
314a Pacific Highway is a low maintenance boarding house perfectly placed for rental growth.
Key Property Features:
• Only 1 of 9 registered boarding houses in the Lane Cove Council
• 100% leased with strong occupancy history.
• 12 room registered boarding house with potential to increase rents.
• Low Maintenace block with a long-term history of high rates of occupancy.
• High profile corner position with excellent access.
• Strong income from washing/drying machines and car parking.
• Located in the heart of one of NSW largest commercial, education and medical precincts, with direct access to public transport, retail, restaurants and cafes.
• Gross income of $184,980*
*Approx
Feel free to reach out if you would like more information on the property.
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Property ID: 504580176Last Updated: 22 Jul 2024
Lowry Property Group - CROWS NESTPart Level 2, 20 Burlington Street
CROWS NEST, NSW 2065
CROWS NEST, NSW 2065
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