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The Original Barracks Boarding House | 1058SQM OF LAND
We are pleased to present 197 Maple Road, North St Marys brought to you by the award winning Peter Diamantidis.
A rare and unique investment opportunity! This original barracks boarding house sits proudly on a 1,058sqm corner block with tri-street frontage and is currently returning an impressive $2,750 per week with established tenants.
WHAT WE LIKE ABOUT THE PROPERTY:
- 11 separately tenanted rooms plus manager's room with proposed plans for another 5 rooms to extend
- Currently returning $2,750 per week ( $143,000 PA)
- Shared living area, dining room, and indoor/outdoor sunroom
- Large kitchen with walk-in pantry, oven, stove, and space for multiple fridges
- Shared bathroom area with 3 showers and 2 toilets, plus an extra toilet in the laundry
- Outdoor seating/alfresco area and 2 clotheslines
- Onsite parking for 3 cars
- 32 solar panels, Wi-Fi setup, and alarm system ( Electricity per quarter is $400 - $800)
- Split system air conditioning in the living area
- Smoke detectors throughout (15 units)
- 1,058sqm of land & North facing
- Insurance $12,000 per annum
Properties like this are RARE TO FIND. Inspection is a MUST!
For further information, please contact Peter Diamantidis 0404 051 702.
Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.
A rare and unique investment opportunity! This original barracks boarding house sits proudly on a 1,058sqm corner block with tri-street frontage and is currently returning an impressive $2,750 per week with established tenants.
WHAT WE LIKE ABOUT THE PROPERTY:
- 11 separately tenanted rooms plus manager's room with proposed plans for another 5 rooms to extend
- Currently returning $2,750 per week ( $143,000 PA)
- Shared living area, dining room, and indoor/outdoor sunroom
- Large kitchen with walk-in pantry, oven, stove, and space for multiple fridges
- Shared bathroom area with 3 showers and 2 toilets, plus an extra toilet in the laundry
- Outdoor seating/alfresco area and 2 clotheslines
- Onsite parking for 3 cars
- 32 solar panels, Wi-Fi setup, and alarm system ( Electricity per quarter is $400 - $800)
- Split system air conditioning in the living area
- Smoke detectors throughout (15 units)
- 1,058sqm of land & North facing
- Insurance $12,000 per annum
Properties like this are RARE TO FIND. Inspection is a MUST!
For further information, please contact Peter Diamantidis 0404 051 702.
Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.