Block of Units for sale

Block of Units in Coogee, NSW

24 8 0
Price Upon Application

24 ROOM BEACH SIDE INVESTMENT

A great opportunity is on offer with this amazing freestanding art deco block that has been converted into a 24 room boarding house.

All 24 Rooms provide natural lighting and are generous in size, also included in each room are televisions, bar fridges, single or double beds and wardrobes.

An impressive commercial kitchen is located on the ground floor, along with a spacious communal room and managers quarters.

The building provides share bathroom facilities on each level, a private L-Shape courtyard which wraps around the rear of the building and access to the laundry and shower block.

The site is positioned within 1 minutes walk to Coogee Beach, Grant reserve parkland, and an array of local cafes, hotels and restaurants. The area is well serviced with Sydney Buses direct to the C.B.D and other Eastern Suburbs locations.

Building Area: 650 M2
Land size: 329 M2

Current rental income: $430,000.00 PA
Approximate Out goings: $51,231.00 PA

For further information and private inspection please contact Joe Leonardi 0410 544 822
Last updated: 12:21PM on Jul 24th 2014
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Colonial State Realty Pty Ltd Marrickville

71 Addison Road
Marrickville NSW, 2204