"New Age" Boarding House Adjacent to Sydney University

RWC Sydney City Fringe, in conjunction with Metro Commercial, is pleased to offer 325 Abercrombie Street, Darlington to the open market.

This property is an ideal investment generating strong returns in a prime location. This property offers seven self-contained studios, each with a bathroom and kitchenette. Located just a short walk from Redfern Train Station, it offers easy access to Sydney's CBD and major transport routes. With nearby amenities including UTS, Technology Park, the University of Notre Dame, Sydney University, and Royal Prince Alfred Hospital.

Key Property Highlights

-"New Age" boarding house block with dual street frontage.
-Individual dwellings with private bathrooms & kitchenettes plus laundry facilities (all separately metered)
-Walking distance to parks and all amenities, on the cusp of Sydney University
-Current income $177,000 pa* with upside due to some expiring leases
-Operates like a block of units with minimal involvement
-Exceptional cash flow business, conveniently serviced by bus and train stations located within 500m*.

To be sold on a "walk in, walk out" basis.

For more information or to arrange an inspection, please contact the agents below:

Kristian Morris
Principal and Licensee in Charge
RWC Sydney City Fringe
0411 415 297

Jerry Leis
Director
Metro Commercial
0413 514 761

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