Chippendale
78 City Road

Highlights

Well-positioned 3-level Victorian building presented as 5 self-contained apartments fully leased and walking distance to UTS and Sydney University. Two blocks from Broadway and 5 minutes to Central Station. Outstanding investment opportunity with impressive income performance.

  • Fully leased generating $192k pa income
  • Registered boarding house over 3 levels
  • 4 one-bedroom + 1 studio apartment
  • All apartments are fully furnished
  • Land size 211sqm; rear-lane access
  • Currently self-managed. Fire rated AFSS
  • Strong & consistent income-generating asset
  • Strategic position to appeal to uni tenancy
  • Opportunity to improve the building
  • Impressive investment at lower price range
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