16 Holt Street Stanmore NSW 2048

RWC Western Sydney is pleased to present 16 Holt Street, Stanmore for sale via Auction.

Offering a remarkable opportunity to secure a recently renovated boarding house capturing a mixture of traditional architecture and modern amenities. Ideal for investors to capitalise on the current housing market shortage, low vacancy rates, and the ongoing migration boom.

The property comprises eighteen (18) modern rooms spanning across two (2) levels with shared facilities. Returning an annual net passing income of $255,135.16* per annum with potential for significant increase in rents.

Strategically located in a highly desirable location only 140m* to Stanmore Railway Station, 80m* to IGA Supermarket & Local Shops and a plethora of educational establishments.

Additional highlights of the property are outlined below:
• Recently renovated entire block of 18 boarding rooms
• Furnished rooms, all with beds, wardrobes, table, chairs and appliances.
• Site Area 531.1 sqm*
• Courtyard and Dedicated Common Area
• Current annual net passing income of $255,135.16* with scope to significantly increase rents
• Land tax exemptions and depreciation benefits applicable
• 80m* to IGA & Local Shops
• 140m* to Stanmore Train Station
• Located amidst a plethora of education establishments
• Easy Access to Major Arterial Roads (Stanmore Road & New Canterbury Road)
• Realistic vendors ready to meet the market

The property will be offered for Auction, On-Site Wednesday 11 December 2024 at 1:30pm (unless sold prior).

For more information, please contact the below exclusive selling agents.

*Approximately