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.
Designed over four (4) levels with basement car parking, completed in January 2022. Current net passing income of $626,220* per annum with potential to increase. Ideal investment opportunity to capitalise on the current housing market shortage, low vacancy rates and migration boom.
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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