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Report ListingDarren Pearce
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Australia | Glenwood
398 Bourke Street, Surry Hills, NSW 2010
7m wide terrace / 8-room boarding house / future potential 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
Secure Parking:
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Dishwasher:
no
Broadband:
no
Ducted Heating:
no
Ducted Cooling:
no
Split system Heating:
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Hydronic Heating:
no
Split system Air con:
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Gas Heating:
no
Reverse Cycle Air con:
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Evaporative Cooling:
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Air Conditioning:
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Alarm System:
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vacuumSystem:
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Intercom:
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Pool In Ground:
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Pool Above Ground:
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Tennis Court:
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Balcony:
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Deck:
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Court yard:
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Outdoor Ent:
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Shed:
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Open FirePlace:
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Hot Water Service:
no
Inside Spa:
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Outside Spa:
no
Furnished:
no
Study:
no
Built in Robes:
no
Gym:
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Workshop:
no
Rumpus Room:
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Floor boards:
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PayTV:
no
Fully Fenced:
no
entertaining area:
no
Vacuum System:
no
Ducted Vacuum System:
no
Swimming Pool In ground:
no
Energy Efficiency Rating: Low (0):
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Energy Efficiency Rating: Med (6.0):
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Energy Efficiency Rating: High (8.0):
no
Energy Efficiency Rating: Med (5.0):
no
Energy Efficiency Rating: Med (5.5):
no
Energy Efficiency Rating: High (10.0):
no
Energy Efficiency Rating: Low (0.5):
no
Energy Efficiency Rating: Low (2.5):
no
Energy Efficiency Rating: High (8.5):
no
Energy Efficiency Rating: Med (7.0):
no
Energy Efficiency Rating: Low (1.5):
no
Energy Efficiency Rating: Low (3.5):
no
Energy Efficiency Rating: Med (4.0):
no
Energy Efficiency Rating: Low (3.0):
no
Energy Efficiency Rating: Low (2.0):
no
Energy Efficiency Rating: Med (7.5):
no
Energy Efficiency Rating: Med (6.5):
no
Your monthly budget 
We use your income and expenses to calculate how much remains each month after you make loan repayments.
Repayments
Expenses
Remaining
Listed price from 2,500,000 We use your income and expenses to calculate how much remains each month after you make loan repayments.
Deposit
The Available deposit figure below shows your total deposit minus upfront costs. Please click on the link for detail.
Interest
Based on current RBA Lenders' Interest Rates. For Owner occupied properties it is 6.28% and Investment properties 6.52%.
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