Sold
7 Ross Place,
St Marys 2760, New South Wales
Price withheld
Property details
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Agents
Leased 31 Room Boarding House in High Growth Precinct
RWC Western Sydney is pleased to present 7 Ross Place, St Marys for sale.
Representing an exceptional opportunity to acquire this fully leased new generation boarding house. Including 31 oversized quality rooms with a manager's residence and basement car parking.
Designed over four (4) levels with basement car parking, completed in January 2022. Current net passing income of $626,220* per annum with potential to increase. Ideal investment opportunity to capitalise on the current housing market shortage, low vacancy rates and migration boom.
Additional Highlights of the Property:
• 31 High quality rooms (10 x double & 21 single room) with lift access
• All rooms with appliances; Including washer, dryer combination, cooktops, range hoods, drawer dishwasher and combination oven
• 25 Rooms include additional furnishings but not limited to bed, bedside tables, lounge, coffee table, dining table and chairs
• Land tax exemptions and depreciation benefits available
• CCTV and video security intercom
• Intelligent smart access to all studio entry doors using "Assa Abloy Vingcard"^
• All rooms with split system air-conditioners and built in wardrobes
• Excellent long-term investment situated in high growth precinct
• Close proximity to Western Sydney University, Nepean Hospital & Penrith CBD
• Short drive to the new proposed Western Sydney International Airport
• Moments from St Mary's Village Shopping Centre, St Mary's Train Station and the Future St Marys Metro Station connecting directly to the new Western Sydney International Airport
• Realistic vendors ready to meet the market
For more information, please contact the selling agents.
*Approximately
Representing an exceptional opportunity to acquire this fully leased new generation boarding house. Including 31 oversized quality rooms with a manager's residence and basement car parking.
Designed over four (4) levels with basement car parking, completed in January 2022. Current net passing income of $626,220* per annum with potential to increase. Ideal investment opportunity to capitalise on the current housing market shortage, low vacancy rates and migration boom.
Additional Highlights of the Property:
• 31 High quality rooms (10 x double & 21 single room) with lift access
• All rooms with appliances; Including washer, dryer combination, cooktops, range hoods, drawer dishwasher and combination oven
• 25 Rooms include additional furnishings but not limited to bed, bedside tables, lounge, coffee table, dining table and chairs
• Land tax exemptions and depreciation benefits available
• CCTV and video security intercom
• Intelligent smart access to all studio entry doors using "Assa Abloy Vingcard"^
• All rooms with split system air-conditioners and built in wardrobes
• Excellent long-term investment situated in high growth precinct
• Close proximity to Western Sydney University, Nepean Hospital & Penrith CBD
• Short drive to the new proposed Western Sydney International Airport
• Moments from St Mary's Village Shopping Centre, St Mary's Train Station and the Future St Marys Metro Station connecting directly to the new Western Sydney International Airport
• Realistic vendors ready to meet the market
For more information, please contact the selling agents.
*Approximately
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Contact Joseph Assaf
Contact Joseph Assaf
Joseph Assaf
7 Ross Place, St Marys NSW 2760
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Joseph Assaf
7 Ross Place, St Marys NSW 2760