407 Marrickville Road Dulwich Hill NSW 2203

Multiple Income Stream
Investment Opportunity
Budget Accommodation

Unique opportunity to purchase a rare find free standing 72 rooms providing 179 beds, 3 buildings with two street frontages operating as budget accommodation comprising of singles, doubles, twins and dorm rooms. The communal area includes multiple male/female bathrooms, commercial kitchen, dining area, pleasant courtyard area and on-site parking. Building area 1855m2 approx. and land area 1492m2 approx. Zoned R1 general residential to suit bed and breakfast, boarding houses etc. subject to council approval. Strong letting area ideal student accommodation, excellent cash flow, potential to be refurbished, extended and improve your cash flow further. Recession proof investment and land tax exempt within close proximity to Dulwich hill Train Station, Light Rail, Buses, Shops, Eateries and Cafes. Your inspection is highly recommended. Ideal DIY super fund and accommodation users.

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