92 Shaftesbury Road,
Burwood, NSW 2134

Hotel, Motel & Leisure

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Map of 92 Shaftesbury Road

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"10% Yield"

This is a unique opportunity to purchase a well kept and maintained double brick and slate federation property with two street frontages on the fringe of Burwood town centre. It is currently operating as a registered boarding house offering budget accommodation and is known as Burwood Lodge Private Hotel. Accommodation is spread over one level and consists of 17 council compliant rooms, six ensuited and a self contained flat. Accommodation is spread over one level with two communal bathrooms and a shared kitchen laundry facility. There is multiple off street parking.

Construction is of double brick, roof slate.
Land size 919.9sqm 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.
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

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Most households

02 9745 19...