398 Bourke Street, Surry Hills, NSW 2010
8
4|Townhouse
Guide $2,500,000
Guide $2,500,000
Published on: 19 Sep 2024
Last updated on: 19 Sep 2024
Property ID: 146011292
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7m wide terrace / 8-room boarding house / future potential
398 Bourke Street, Surry Hills, NSW 2010
Auction Location: On site 7m wide terrace currently operating as an approved 8-room boarding house, an outstanding investment opportunity with impressive credentials and a history of consistent income performance. With potential to upgrade and improve value, it also presents future opportunity to add parking, or convert back to a residential house (subject to approvals). Zoning. Zone MU1. Mixed Use. Co-agent Dean Efrossynis Laing/Simmons East 0417 223 906. Highlights * 8-room approved boarding house investment * Outstanding asset with impressive 7m width * Current leases generate $120k pa income * Established tenants & stable performance * Parking potential, or a single home (STCA) * Generous Inner Sydney land size of 177sqm * Fire/safety compliance, Land Tax exempt * Leafy & well-regarded pocket of Bourke St * Upgraded for council approx. 5 years ago * Council/R $3,098 py, Water/R $780 py
Property Details
Basic Info
Basic Info
Property Type
Townhouse
Listing Status
On Market
Land Size
1,905.21 sq ft
Rooms
8 bedroom(s), 4 bathroom(s)
Address
398 Bourke Street, Surry Hills, NSW 2010
Floorplans and tours
Floorplan
Darren Pearce
Shannan Whitney
Contact Agent
Email enquiry to BresicWhitney - Inner East
Darren Pearce
Shannan Whitney
Level 2, 318 Liverpool Street, Darlinghurst, NSW 2010
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Property ID: 146011292
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