High-Yield Boarding House Fully Leased to a NDIS Provider

RWC Western Sydney is pleased to present 44 Kibo Road, Regents Park for sale via Auction.

An exceptional boarding house opportunity, fully leased to the prominent disability provider "Enable Ability," offers a reliable cash flow with no vacancies. This investment is ideal for taking advantage of the current housing market shortage & migration boom.

The property features 26 self-contained, high-quality rooms and on-grade car parking. It is conveniently located within walking distance of essential shops and the Regents Park Railway Station.

KEY FEATURES OF THE PROPERTY INCLUDE:

• 26 self-contained, high-quality rooms across two levels, including a Manager's Room
• Fully leased to the leading disability provider "Enable Ability" as a single tenant
• Net income of $425,944.28* + GST per annum (Rent has been paid in advance until 10 Nov 2024)
• Onsite Manager's Room with 24/7 support staff for participants
• Communal open space and breakout areas with entertainment facilities
• High-finish rooms with amenities such as split air conditioning, microwave and dishwasher in each room
• Located just a 10-minute walk from essential shops and Regents Park Railway Station

The property is offered for sale via in-room Auction on Wednesday 31 July 2024 at 12:30pm.

Auction Venue: Level 6, 150 George Street, Parramatta NSW

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