16 Greenwich Road,
Greenwich, NSW 2065
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Key property information
Land area
Floor area
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Map of 16 Greenwich Road
PREMIUM BOARDING HOUSE INVESTMENT
- 16 rooms + 4-bed terrace
- Fully leased net income $296,818.68* p.a
- 2014 build with depreciation benefits
CBRE, as the exclusive sales agent, is pleased to present 16 Greenwich Road, Greenwich, a modern freestanding boarding house in Sydney’s exclusive Lower North Shore. 16 Greenwich Road represents an opportunity to acquire an outstanding investment generating significant rental income which is strategically positioned to take full advantage of the Royal North Shore Hospital, Greenwich Hospital, TAFE St.Leonards, surrounding amenities, and a vast array of transport options.
16 Greenwich Road, Greenwich benefits from the following key attributes:
-Comprises 16 rooms + 4-bed terrace with four off-street car parks.
-Separate frontage and entrance for the boarding house and terrace.
-Significant fully leased net rental income of $296,818.68* p.a
-2014 build providing significant depreciation benefits.
-Well serviced property moments away from both St. Leonards & Wollstonecraft Train Station with bus services on the doorstep.
-Attractive fully furnished offering, underwriting high rental rates achieved.
-Strategically positioned in proximity to Greenwich Hospital, Royal North Shore Hospital, TAFE St. Leonards, Crows Nest Shopping Village, and North Sydney CBD.
-Set to benefit from the rapidly increasing residential rents and record low vacancy rates, receiving further upwards pressure from the opening of Australia's international borders.
16 Greenwich Road, Greenwich will be sold via Public Auction on Tuesday 23 August 2022 at 10:30am (Registration, online bidding, and live stream available)
For more information to request an inspection or the due diligence room please contact the exclusive selling agents
*Approx
16 Greenwich Road, Greenwich benefits from the following key attributes:
-Comprises 16 rooms + 4-bed terrace with four off-street car parks.
-Separate frontage and entrance for the boarding house and terrace.
-Significant fully leased net rental income of $296,818.68* p.a
-2014 build providing significant depreciation benefits.
-Well serviced property moments away from both St. Leonards & Wollstonecraft Train Station with bus services on the doorstep.
-Attractive fully furnished offering, underwriting high rental rates achieved.
-Strategically positioned in proximity to Greenwich Hospital, Royal North Shore Hospital, TAFE St. Leonards, Crows Nest Shopping Village, and North Sydney CBD.
-Set to benefit from the rapidly increasing residential rents and record low vacancy rates, receiving further upwards pressure from the opening of Australia's international borders.
16 Greenwich Road, Greenwich will be sold via Public Auction on Tuesday 23 August 2022 at 10:30am (Registration, online bidding, and live stream available)
For more information to request an inspection or the due diligence room please contact the exclusive selling agents
*Approx
Greenwich, 2065 demographic data
The median household income for Greenwich is $2,946, 42% higher than Greater Sydney's household income of $2,077. Greenwich has an older age profile compared to the rest of Greater Sydney (median age 42 vs 37). Property ownership data shows 41% of property owners in Greenwich have a mortgage.
5,469
Population
$2,946 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
04317448...
16 Greenwich Road
Greenwich, NSW 2065
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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