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90 Shaftesbury Road Burwood, NSW 2134

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90 Shaftesbury Road,
Burwood, NSW 2134

Hotel, Motel & Leisure

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"10% Yield"

This high yielding investment is a once in a lifetime opportunity. Here is a well maintained well presented and substantial double story historical building. Many original features include high ornate ceilings, polished kauri floorboards, restored staircase, woodwork, doors and windows. It currently operates as Burwood Bed & Breakfast and is Council Compliant.

Offering 22 lettings it is comprised of a mixture of singles, doubles, family rooms and two self contained units. There are thirteen ensuites and three communal bathrooms. All rooms are tastefully furnished with Television, Foxtel, Fridge and larger rooms with Microwaves. There are two guest kitchens, guest laundry and a covered barbecue area as well as a paved front courtyard in an established garden.

On the ground floor is the main office and front foyer. Also at ground level is the spacious fully furnished lounge with internet kiosk, dining room area, as well as a fully equipped commercial kitchen, laundry facility and guest bathroom. There are 7 rooms and 2 x 2 self contained rooms on the ground floor. On the upper level there are 12 rooms and two communal bathrooms.

Construction is of double brick, roof slate.
Land size 1056sqm approx.
Multiple off street parking.
Excellent cash flow with room for improvement.
Central location in strong letting area.
Close proximity to shops and transport.
Operate as is or ideal student accommodation.
Suit owner operator.
Inspection highly recommended.

Property ID: 5610988Last Updated: 5 Dec 2013

02 9745 19...
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90 Shaftesbury Road
Burwood, NSW 2134
Raine & Horne - Burwood
LEVEL 1,185F Burwood Road
BURWOOD, NSW 2134
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