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49 Carlton Crescent, Summer Hill, NSW 2130
Floor Area:
469sqm
Land Area:
720sqm
Auction
Auction Thursday 20th March 2025
BOARDING HOUSE WITH 18 SELF-CONTAINED ROOMS BLUE CHIP LOCATION OPPOSITE TRAIN STATION
An ideal investment generating strong returns in a prime location, this 18 room boarding house benefits from each room being self-contained with bathroom and kitchenette.
Positioned in the heart of Summer Hill, adjoining Summer Hill shopping village and Train Station this is an ideal investment for buyers looking to capitalise on the current housing market shortage, low vacancy rates, and the ongoing migration boom.
• 18 rooms all self-contained
• Enjoy strong returns
• Current Gross annual rent of $331,240* with scope to significantly increase
• Historically attracts long term tenants
• Substantial block of approximately 720m2*
• Side driveway and parking to the rear of the site
• Land tax exemptions applicable
• Ideally positioned within 60m* of Summer Hill Train Station, adjoining the shopping village, just 300m* from IGA Supermarket.
• In close proximity to educational establishments and a range of popular amenities
Luke Smith
Director | Licensed Real Estate Agent | Licensed Business Agent
Nicholas Smith
Director | Licensed Real Estate Agent | Licensee in Charge
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Auction:
Thursday 20 March at 10:30AM
Property Info:
- Property ID: L21188927
- Property Type:Hotel/Leisure
- Building / Floor Area:469 sqm
- Land Area:720 sqm
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Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Craig Betalli
Mortgage Broker
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