Perfectly positioned on the fringe of Randwick and Coogee this large original boarding house residence consisting of 12 licenced rooms with separate bathrooms and washing facilities.
- 556sqm - R3 Zoning
- Large communal level north facing yard
- Current yearly income $160,000 (can be greatly increased)
- Land tax concessions
- Huge potential upside for redevelopment
- All original features throughout
- 12.1 x 46.8 meters
- Side drive and Parking for four cars
- Rare Opportunity to acquire an already licensed boarding house in the Heart Sydney's East
- Ultra-convenient location, a short walk to Randwick commercial hub, light rail to the city, Prince of Wales Hospital and Coogee and Clovelly Beaches
Information Memorandum available upon request
Inspection: Wednesday 30th November 12.00pm to 12.20pm
Agent: Martin Farah 0418 402 015 or Christina Zouvelekis 0414 989 187