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Business opportunity for sale in Albury

Business opportunity (For sale)

9,526 sqft
lot 9,526 sqft
Reference: EDEN-T100432232 / 100432232
Discover this exceptional investment opportunity in the thriving South Albury real estate scene with this recently renovated, meticulously maintained boarding house. This property offers a robust rental yield, secure long-term lease options, and a prime location near the city's bustling CBD and a serene, picturesque lagoon.
Key Property Features:
* Fully renovated, council-approved boarding house, licensed for up to 12 long-term tenants
* Prime location in South Albury, within walking distance of the CBD and a beautiful lagoon
* 14 individually metered rooms, each with separate air conditioning units
* A secure property with CCTV monitoring and a swipe card system for added peace of mind
* Weekly cleaning contracts in place, ensuring a well-maintained property
* High rental demand with an extremely low vacancy rate – just 0.6%!
* Recent fire safety upgrades to ensure compliance and tenant safety
* The property features a solar panel system, helping to reduce electricity costs
* Freshly painted rooms, offering a modern, up-to-date feel
* Brand new, updated furniture and appliances added to all rooms
* Gross Rental Income: $148,720 p.a. (fully leased)
* Further benefits include NSW land tax exemptions
The property's 14 rooms include 11 fully furnished rooms and a separate room for a Deluxe Studio. With a history of long-term tenants, a low vacancy rate, and an impressive rental yield of $220-$250 per week (with the Deluxe Studio rented at $350 per week), this is an effortless investment that will add significant value to any portfolio.
Please contact Ian Ritchie to inspect the property:
Ian Ritchie
E: ...
M: ...
View more View less Discover this exceptional investment opportunity in the thriving South Albury real estate scene with this recently renovated, meticulously maintained boarding house. This property offers a robust rental yield, secure long-term lease options, and a prime location near the city's bustling CBD and a serene, picturesque lagoon.
Key Property Features:
* Fully renovated, council-approved boarding house, licensed for up to 12 long-term tenants
* Prime location in South Albury, within walking distance of the CBD and a beautiful lagoon
* 14 individually metered rooms, each with separate air conditioning units
* A secure property with CCTV monitoring and a swipe card system for added peace of mind
* Weekly cleaning contracts in place, ensuring a well-maintained property
* High rental demand with an extremely low vacancy rate – just 0.6%!
* Recent fire safety upgrades to ensure compliance and tenant safety
* The property features a solar panel system, helping to reduce electricity costs
* Freshly painted rooms, offering a modern, up-to-date feel
* Brand new, updated furniture and appliances added to all rooms
* Gross Rental Income: $148,720 p.a. (fully leased)
* Further benefits include NSW land tax exemptions
The property's 14 rooms include 11 fully furnished rooms and a separate room for a Deluxe Studio. With a history of long-term tenants, a low vacancy rate, and an impressive rental yield of $220-$250 per week (with the Deluxe Studio rented at $350 per week), this is an effortless investment that will add significant value to any portfolio.
Please contact Ian Ritchie to inspect the property:
Ian Ritchie
E: ...
M: ...
Upptäck denna exceptionella investeringsmöjlighet i den blomstrande fastighetsscenen i South Albury med detta nyrenoverade, minutiöst underhållna pensionat. Denna fastighet erbjuder en robust hyresavkastning, säkra långsiktiga hyresalternativ och ett utmärkt läge nära stadens livliga CBD och en lugn, pittoresk lagun.
Viktiga egenskapsfunktioner:
* Helt renoverat, kommunalt godkänt pensionat, licensierat för upp till 12 långsiktiga hyresgäster
* Utmärkt läge i South Albury, inom gångavstånd från CBD och en vacker lagun
* 14 individuellt uppmätta rum, alla med separata luftkonditioneringsenheter
* En säker fastighet med CCTV-övervakning och ett passerkortssystem för extra sinnesro
* Veckovisa städkontrakt på plats, vilket säkerställer en välskött fastighet
* Hög hyresefterfrågan med en extremt låg vakansgrad – endast 0,6%!
* Nyligen genomförda brandsäkerhetsuppgraderingar för att säkerställa efterlevnad och hyresgästernas säkerhet
* Fastigheten har ett solpanelssystem som hjälper till att minska elkostnaderna
* Nymålade rum, som erbjuder en modern, up-to-date känsla
* Helt nya, uppdaterade möbler och vitvaror har lagts till i alla rum
* Bruttohyresintäkter: $ 148,720 per år (fullt uthyrd)
* Ytterligare fördelar inkluderar befrielse från markskatt i NSW
Boendets 14 rum inkluderar 11 fullt möblerade rum och ett separat rum för en Deluxe Studio. Med en historia av långsiktiga hyresgäster, en låg vakansgrad och en imponerande hyresavkastning på $220-$250 per vecka (med Deluxe Studio uthyrd till $350 per vecka), är detta en enkel investering som kommer att tillföra betydande värde till vilken portfölj som helst.
Kontakta Ian Ritchie för att inspektera fastigheten:
Ian Ritchie
E: ...
Tel: ...
Reference: EDEN-T100432232
Country: AU
City: South Albury
Postal code: 2640
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property size: 9,526 sqft
Lot size: 9,526 sqft
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