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Commercial in Stanmore
Prime Investment Opportunity - Newly Built 10-Studio Complex
- Building/Land: 518m²
Additional Information:
FloorplanWith a 7 year building warranty and depreciation schedule,
consisting of 10 self contained studios plus managers room,
this is a rare opportunity to secure a premium investment
in the heart of Stanmore making it ideal for astute
investors or those seeking a high-return rental property.
Approved for 19 boarders with the potential to increase rent.
Key Features:
• High-Yield Investment - Newly Built (2024) New-age boarding house
• Contemporary design with high-quality finishes throughout
• Comprises of 10 Studios all self contained plus one managers room,
all with kitchenettes and bathrooms perfect for multiple living arrangements
• Includes Lift access
• Open Parking, 5 designated parking spaces, a rare find in this area
• Stylish finishes, quality appliances, and smart layouts maximise
space and natural light
• Prime Location, close to public transport, local shops, cafes, and schools
• High returns on investment : great rental returns and future growth
• Makes a smart addition to any portfolio in high-demand
• Current rental income - $338,000 per annum (approx)
Head lease also pays water usage cleaning maintenance and electricity
518m²
518m² / 0.13 acres
Vacant