53 Doncaster Avenue Kensington NSW

“Doncaster Lodge” is a fully licensed boarding house on 525sqm of land and within a short stroll to UNSW, TAFE, PoW Hospital and Centennial Park Features 20 bedrooms, 6 bathrooms, 1 office, 1 storage room, 1 parking Communal kitchen and dining, internet, coin operated laundry and BBQ facilities GAR in excess of $255k on a fully let basis, annual outgoings $25k approx. Zoned R3 Medium Density Residential Direct rear access to Kokoda Memorial Park Original circa 1890, totally refurbished throughout in 2010 Offered fully furnished, with all inventory accompanying the sale Proven & secure cash flow, opportunity to increase both yield & value add Quick access to transport, Randwick, Eastern Beaches & amenities Excellent investment opportunity, the property is very well maintained throughout and situated in one of Sydney’s prominent educational precincts