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Bridge, City and Harbour Water Views! Outstanding Investment Opportunity!Property ID 1242755This building features 92 rooms and is approved for approximately 175 beds and also consists of a commercial kitchen and cafeteria area, a manager‟s flat and separate male and female amenities.
Current used as student accommodation, this building and its feature represents an overwhelmingly valuable, as well as attractive opportunity for operators and investors, in light of the current residential rental market, or even as a potential refurbishment for developers (subject to the approval of the council).
Located at only a few minutes to Chatswood and CBD.
Estimated Rental Return: Over $1.7 million per annum
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