16 Holt Street, Stanmore, NSW 2048

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Retail
|Offices
|Medical/Consulting
AUCTION
AUCTION
Published on: 07 Nov 2024
Last updated on: 07 Nov 2024
16 Holt Street, Stanmore, NSW 2048
16 Holt Street, Stanmore, NSW 2048
16 Holt Street, Stanmore, NSW 2048
+13
16 Holt Street, Stanmore, NSW 2048
  • 13
Property ID: 504731868
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Key property information

Land Size
531.00 m2
Zoning
R2 Low Density Residential
Floor Area
341.00 m2
Tenure Type
tenanted

Leased 18 Room Boarding House In The Heart of Stanmore

16 Holt Street, Stanmore, NSW 2048
RWC Western Sydney is pleased to present 16 Holt Street, Stanmore for sale via Auction.

Offering a remarkable opportunity to secure a recently renovated boarding house capturing a mixture of traditional architecture and modern amenities. Ideal for investors to capitalise on the current housing market shortage, low vacancy rates, and the ongoing migration boom.

The property comprises eighteen (18) modern rooms spanning across two (2) levels with shared facilities. Returning an annual net passing income of $255,135.16* per annum with potential for significant increase in rents. 

Strategically located in a highly desirable location only 140m* to Stanmore Railway Station, 80m* to IGA Supermarket & Local Shops and a plethora of educational establishments. 

Additional highlights of the property are outlined below: 
•	Recently renovated entire block of 18 boarding rooms
•	Furnished rooms, all with beds, wardrobes, table, chairs and appliances. 
•	Site Area 531.1 sqm*
•	Courtyard and Dedicated Common Area
•	Current annual net passing income of $255,135.16* with scope to significantly increase rents
•	Land tax exemptions and depreciation benefits applicable 
•	80m* to IGA & Local Shops
•	140m* to Stanmore Train Station
•	Located amidst a plethora of education establishments
•	Easy Access to Major Arterial Roads (Stanmore Road & New Canterbury Road)
•	Realistic vendors ready to meet the market

The property will be offered for Auction, On-Site Wednesday 11 December 2024 at 1:30pm (unless sold prior). 

For more information, please contact the below exclusive selling agents. 

*Approximately

Property Details

Basic Info

Property Type
RetailOfficesMedical/Consulting
Listing Status
On Market
Land Size
531.00 m2
Address
16 Holt Street, Stanmore, NSW 2048

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Andrew Sacco
Andrew Sacco
Joseph Assaf
Joseph Assaf
Alex El Hazouri
Alex El Hazouri
15-17 Argyle Street, Parramatta, NSW 2150
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Andrew Sacco
Andrew Sacco
Joseph Assaf
Joseph Assaf
Alex El Hazouri
Alex El Hazouri
15-17 Argyle Street, Parramatta, NSW 2150
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      Property ID: 504731868

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