7 Ross Place St Marys NSW 2760

RWC Western Sydney is pleased to present 7 Ross Place, St Marys for sale via Private Treaty.

Representing an exceptional opportunity to acquire this fully leased new generation boarding house. Including 31 oversized quality rooms with a manager's residence.

Completed in January 2022, this meticulously designed four-level property features basement car parking and generates a current net passing income of $626,220* per annum, with potential for growth. An exceptional investment opportunity, it offers the chance to capitalize on the ongoing housing market shortage, low vacancy rates, and booming migration trends.

Additional highlights of the property are outlined below:

• 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
• 500m* to St Marys Town Centre and The Future St Marys Metro Station
• Close proximity to Western Sydney University, Nepean Hospital & Penrith CBD
• Short drive to the new proposed Western Sydney International Airport
• Realistic vendors ready to meet the market

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

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