We are pleased to present 42 Manning Street, Kingswood brought to you by award winning agent Peter Diamantidis.
Strategically located within walking proximity to Western Sydney University Kingswood and Werrington campuses and a short walk away from Kingswood Station, this boarding house generating a rental return of $174,200.00 per annum with 15 leased out rooms which has no vacancies.
This boarding house is only 3 years old and was built by renowned builder Rise Projects and is still under the building warranty period
This boarding house presents as the perfect opportunity for investors looking for great rental returns along with the expected capital gains within the next 10 years in Western Sydney
WHAT WE LIKE ABOUT THIS PROPERTY:
- 3 years old
- 15 rooms with 13 bathrooms
- Full occupancy
- Currently returning $174,200 with a potential increase with some of the current tenancy
- 645sqm of land - Zoned R3 Medium density
Boarding homes of this nature are very rare and highly sought after. Do not miss this opportunity! Perfect for investors and extremely high in demand.
For further information, please contact Peter Diamantidis 0404 051 702 or Vedant Agrawal 0490 173 525
