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Address available on request Chippendale, NSW 2008

Address available on request,
Chippendale, NSW 2008

Other • Hotel, Motel & Leisure

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35 LETTINGS - BOARDING HOUSES

Located opposite lovely Victoria Park and Right at Sydney University and Broadway. Walk RPA Hospital and UTS. 35 Lettings, 3 SEPARATE TITLES TO BE SOLD IN ONE LINE. Consisting of two by three storey terraces and one by two storey ex-hotel all operating as a boarding house. This is a terrific opportunity to either upgrade into a backpackers serviced hotel, student accommodation, strata apartments or 3 terrace homes, subject to council approval.
Fully let and refurbished income potential as a boarding house is around $550,000 p.a. approx. WITH LONG TERMS TENANTS or AS A BACK PACKERS Hotel APPROX $900,000 PA.
This Information Is Not To Be Used As An Inducement To Buy This Property. You Must Check and Verify all of This Information Before Purchasing.

Chippendale, 2008 demographic data

The median household income for Chippendale is $1,606, 23% lower than Greater Sydney's household income of $2,077. Chippendale has a younger age profile compared to the rest of Greater Sydney (median age 28 vs 37). Property ownership data shows 56% of property owners in Chippendale have a mortgage.

7,803
Population
$1,606 per week
Median household income
28 years
Median age
Renters
Most residents
Singles
Most households
02 9747 11...
realcommercial.com.au logo
Address available on request
Chippendale, NSW 2008
The Agency - Inner West
50 The Boulevarde
STRATHFIELD, NSW 2135

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