30 Chandos Street,
Ashfield, NSW 2131
Hotel, Motel & Leisure
Key property information
Land area
Floor area
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Tenure type
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Map of 30 Chandos Street
SOLD BY GAVIN SANNA
Registered 19 room boarding house
Recently completed boarding home offering high income, low vacancy and plenty of growth!
Situated just a short walk to Ashfield train station, bus transport and vibrant shopping centre, this fully rebuilt and extended two storey Registered Boarding House, consists of 19 self-contained studios.
With its well-organized and presented, low maintenance finishes throughout, modern facilities and productive systems for easy and efficient management, an investment like this is the perfect opportunity for passive investors looking for a secure, high-income generating asset, in a time of low interest rates and slow economic growth.
Features Include:
Instant cash flow, currently returning approximately $358,280.00 per annum with potential to improve, large 728sqm land, 490sqm building area, easily accessible location, low care facilities, multiple on-site parking, high tech self-contained office and systems.
Recently completed boarding home offering high income, low vacancy and plenty of growth!
Situated just a short walk to Ashfield train station, bus transport and vibrant shopping centre, this fully rebuilt and extended two storey Registered Boarding House, consists of 19 self-contained studios.
With its well-organized and presented, low maintenance finishes throughout, modern facilities and productive systems for easy and efficient management, an investment like this is the perfect opportunity for passive investors looking for a secure, high-income generating asset, in a time of low interest rates and slow economic growth.
Features Include:
Instant cash flow, currently returning approximately $358,280.00 per annum with potential to improve, large 728sqm land, 490sqm building area, easily accessible location, low care facilities, multiple on-site parking, high tech self-contained office and systems.
Ashfield, 2131 demographic data
The median household income for Ashfield is $1,888, 9% lower than Greater Sydney's household income of $2,077. Ashfield has a younger age profile compared to the rest of Greater Sydney (median age 36 vs 37). Property ownership data shows 47% of property owners in Ashfield have a mortgage.
23,012
Population
$1,888 per week
Median household income
36 years
Median age
Renters
Most residents
Families
Most households
02 9763 22...
30 Chandos Street
Ashfield, NSW 2131
Strathfield Partners - Strathfield8 Churchill Avenue
STRATHFIELD, NSW 2135
STRATHFIELD, NSW 2135
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