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90 Shaftesbury Road Burwood, NSW 2134

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90 Shaftesbury Road,
Burwood, NSW 2134

Hotel, Motel & Leisure

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Map of 90 Shaftesbury Road

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"10% Yield"

This high yielding investment is a once in a lifetime opportunity. Here is a well maintained well presented and substantial double story historical building. Many original features include high ornate ceilings, polished kauri floorboards, restored staircase, woodwork, doors and windows. It currently operates as Burwood Bed & Breakfast and is Council Compliant.

Offering 22 lettings it is comprised of a mixture of singles, doubles, family rooms and two self contained units. There are thirteen ensuites and three communal bathrooms. All rooms are tastefully furnished with Television, Foxtel, Fridge and larger rooms with Microwaves. There are two guest kitchens, guest laundry and a covered barbecue area as well as a paved front courtyard in an established garden.

On the ground floor is the main office and front foyer. Also at ground level is the spacious fully furnished lounge with internet kiosk, dining room area, as well as a fully equipped commercial kitchen, laundry facility and guest bathroom. There are 7 rooms and 2 x 2 self contained rooms on the ground floor. On the upper level there are 12 rooms and two communal bathrooms.

Construction is of double brick, roof slate.
Land size 1056sqm approx.
Multiple off street parking.
Excellent cash flow with room for improvement.
Central location in strong letting area.
Close proximity to shops and transport.
Operate as is or ideal student accommodation.
Suit owner operator.
Inspection highly recommended.

Burwood, 2134 demographic data

The median household income for Burwood is $1,671, 20% lower than Greater Sydney's household income of $2,077. Burwood has a younger age profile compared to the rest of Greater Sydney (median age 32 vs 37). Property ownership data shows 43% of property owners in Burwood have a mortgage.

18,224
Population
$1,671 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
02 9745 19...
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90 Shaftesbury Road
Burwood, NSW 2134
Raine & Horne - Burwood
LEVEL 1,185F Burwood Road
BURWOOD, NSW 2134

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