Property main details

2

Commercial

  • Sold
  • Retail

Specifications

  • Property Type
    Retail
  • Building
    287 m2
  • Land
    662 m2

Developers Clearance: Head Leased 10 Room Group Home in High Growth Precinct

RWC Western Sydney is pleased to present 190 Richmond Road, Blacktown for sale via private treaty.

An outstanding opportunity to capitalise on this low maintenance Group Home Investment. Leased to a reputable provider, ShareSorted on a head lease for 3 years expiring on 11 July 2027.

This low maintenance property is currently leased for $174,200 per annum, offering immediate cash flow with further uplift, low maintenance and depreciation benefits to the astute investor.

The property features 10 self-contained rooms with a large communal area, offered below replacement value with construction completed in July 2024.

Additional highlights of the property are outlined below:
• 10 High Quality Self-Contained Rooms
• Each room is equipped with Kitchenettes, Microwaves & split system air-conditioners
• Significant depreciation benefits
• Site Area 662m2*
• Two (2) ground level car spaces
• Equipped with Coin Operated Washer & Dryers (extra $1500 - $2000* p.a.)
• A secure long-term investment located in a high growth area.
• Part of a Developers Portfolio Sale - MUST BE SOLD

FOR SALE - $2,690,000

For more information, please contact the below exclusive selling agents.

*Approximately
^STCA

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If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

190 Richmond Road Blacktown 2148, New South Wales
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