Unique to the market, this entire freehold boarding house presents an extraordinary opportunity in the heart of Enmore's cosmopolitan cafes, restaurants and theatre. Proven and consistent income for the SMSF buyer or investor with capital growth potential. The fully leased seven bedrooms are presented in good condition and include sinks, fire blankets, cooktops and portable fire extinguishers. The seven rooms are separately metered and pay electricity. Retain as a sound investment, renovate the existing rooms or explore the potential to further develop and create a luxury boutique development (STCA). The character-filled block is set on approximately 228sqm(*source RP Data) near the corner of Liberty Street and Enmore Road food hub at the end of the street.
? Gateway location a short walk to Newtown Railway Station approx. 900m
? 7 rooms
? Classic high ceilings, fireplaces
? 2 common renovated bathrooms, external laundry plus 3rd external toilet
? Generous rear sunny garden courtyard
? Fire doors plus fire extinguishers
? Well-presented interiors with scope to renovate/add value
Potential to convert back to a residential residence (Subject to Council Approval)
Rare opportunity not to be missed.
DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent. Prospective purchasers are urged to rely on their own enquiries.