1-7 40 City Road, Chippendale, NSW 2008

Great location to generate strong returns from the thriving student accommodation market

Only moments from Broadway, UTS, Sydney Uni, Glebe and Newtown, is this grand and unique investment opportunity overlooking Victoria Park. Well appointed throughout, this majestic building offers accommodation over 4 levels and consists of 3 x studios, 2 x 1brs, 1 x 2br and 1 x 4br. The location simply doesn't get much better than this. Generating a strong passive income with ample scope to increase through market reviews or through short term rentals.

- A magnificent and imposing building with stunning wide entrance hall
- Prized position, seconds to the CBD
- A registered boarding house currently operating on longer term leases as a passive investment
- All apartments are self contained
- Sun-drenched rear communal courtyard
- Currently returning $189,020 per annum with scope to increase

Ray White Double Bay - Exceptional Living Begins Here
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY