Full description:
Colliers are pleased to present this secure, high-performing boarding house investment ideally positioned in a central Northern Beaches location.

Key Highlights:
+ 25x recently-renovated studio apartments offering great functionality
+ Self-contained studios each with kitchenette, bathroom and internal laundry facilities
+ Low risk income representing just under $440/w/room
+ Strong rental reversion potential, especially given local demographic
+ Prominently positioned 594 sqm site adjacent to Council carpark/land
+ Imposing street presence standing tall amongst neighbouring properties
+ Conveniently situated 100m from bus interchange and retail village
+ Ability to leverage the burgeoning rental market that increased 23.6% year on year** with a sharp 1.11%** vacancy
+ Low risk income approaching $570,000 per annum representing only $437 per week per room

*approximately