Chatswood 30 Violet Street
Sold
A rare opportunity to buy an established Licensed Boarding House at the heart of Chatswood for strong rental yields and future growth potential. Operating as a boarding house for 40 years, this traditional full brick house has been recently extended to create 3 new bedrooms and 3 renovated bathrooms and is fire and health regulation compliant.
• 10 furnished and secure bedrooms, most with built-ins
• Common lounge and modern and spacious electric kitchen
• High ceilings and polished timber floors throughout
• Full-tiled bathrooms, one with accessible shower cubicle, plus large laundry
• Compliant with fire regulations, including smoke alarms
• Wraparound front verandah with access ramp to front door
• 638sqm block with paved outdoor recreation areas, drying racks, 2 water tanks and storage shed
• Rear lane access to 2-car secure parking plus rear lane pedestrian access
• 750m to Chatswood rail, shopping centres, bus interchange and CBD
• Well run business with high, long-term occupancy providing regular income
• Potential Land Tax Exemption under NSW Office of State Revenue Ruling No. LT 87 (dependent on occupancy demographic and weekly rentals)
• Prime location in soughtafter tree-lined residential street, a stone's throw to Chatswood centre
• Income, tax benefits, popular position. It all adds up to a strong addition to your investment portfolio
For more information please contact Di Burcham 0425 337 011