407 Marrickville Road,
Dulwich Hill, NSW 2203
Hotel, Motel & Leisure
Price information
Sold
$9,250,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 407 Marrickville Road
High Yielding Dulwich Hill Lodge
Multiple Income Stream
Investment Opportunity
Budget Accommodation
Unique opportunity to purchase a rare find free standing 72 rooms providing 179 beds, 3 buildings with two street frontages operating as budget accommodation comprising of singles, doubles, twins and dorm rooms. The communal area includes multiple male/female bathrooms, commercial kitchen, dining area, pleasant courtyard area and on-site parking. Building area 1855m2 approx. and land area 1492m2 approx. Zoned R1 general residential to suit bed and breakfast, boarding houses etc. subject to council approval. Strong letting area ideal student accommodation, excellent cash flow, potential to be refurbished, extended and improve your cash flow further. Recession proof investment and land tax exempt within close proximity to Dulwich hill Train Station, Light Rail, Buses, Shops, Eateries and Cafes. Your inspection is highly recommended. Ideal DIY super fund and accommodation users.
View: Strictly By Appointment
Investment Opportunity
Budget Accommodation
Unique opportunity to purchase a rare find free standing 72 rooms providing 179 beds, 3 buildings with two street frontages operating as budget accommodation comprising of singles, doubles, twins and dorm rooms. The communal area includes multiple male/female bathrooms, commercial kitchen, dining area, pleasant courtyard area and on-site parking. Building area 1855m2 approx. and land area 1492m2 approx. Zoned R1 general residential to suit bed and breakfast, boarding houses etc. subject to council approval. Strong letting area ideal student accommodation, excellent cash flow, potential to be refurbished, extended and improve your cash flow further. Recession proof investment and land tax exempt within close proximity to Dulwich hill Train Station, Light Rail, Buses, Shops, Eateries and Cafes. Your inspection is highly recommended. Ideal DIY super fund and accommodation users.
View: Strictly By Appointment
Property ID: 501920874Last Updated: 11 Aug 2017
02 9745 19...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
407 Marrickville Road
Dulwich Hill, NSW 2203
Raine & Horne - BurwoodLEVEL 1,185F Burwood Road
BURWOOD, NSW 2134
BURWOOD, NSW 2134
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
![136 Percival Road Stanmore NSW 2048 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/93de1e7c8fa9ba0cf231349489d0da1b655a03bc4bc2a4467c920847ca6143b4/image0.jpg)
![RWC - Sydney City Fringe](https://i1.au.reastatic.net/170x46-fit/80a60528a30dff41eaf0ab8950d3b0e02e4cd69269f0d98d86264cf065941f8f/large_commercial.jpg)
Contact Agent
136 Percival Road,Stanmore, NSW 2048 170 m²Shops & Retail • Hotel, Motel & Leisure • Medical & Consulting
![680 New Canterbury Road Hurlstone Park NSW 2193 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/a2e68671503e06bb4ef384bca8c1998bb69445dbd0199fc62b167faf4dc43734/image0.jpg)
![Richardson & Wrench - Pyrmont/Glebe](https://i1.au.reastatic.net/170x46-fit/d32b6cb2600fb9e94eefdea3f3dd4a93e85e283d8e3d6bd83e11f8ddd1c78b3c/large.jpg)
$3,600,000
680 New Canterbury Road,Hurlstone Park, NSW 2193 1535 m²Development Sites & Land • Hotel, Motel & Leisure
![75 Milton Street Ashfield NSW 2131 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/16b85e64de87fe6a52a9f0222339151d4750f3ba7f97f5de723c0934a4375817/image0.jpg)
![Knight Frank - Sydney South](https://i1.au.reastatic.net/170x46-fit/5da078bd41e2e6eea8b904e08cc0b395fd82969e4007cc998e2db726dd740ab6/large_commercial.jpg)
Contact Agent
75 Milton Street,Ashfield, NSW 2131 929 m²Development Sites & Land • Hotel, Motel & Leisure • Other