Savills and Colliers are pleased to present Five PM - Burwood, located at 40-46 Stanley Street, Burwood, available for sale via Expressions of Interest, closing at 3:00 PM on Wednesday, 26 March 2025. This outstanding, newly completed co-living investment, finished in March 2024, is positioned in the vibrant heart of Burwood. Spanning 7 levels with 2 secure basement parking floors, this premium property offers exceptional scale, versatility, and strong growth potential in one of Sydney’s most sought-after locations. Key Features: + 95 fully furnished, air-conditioned studios across 5 residential levels + A diverse mix of 26 double studios, 63 private single studios, 5 accessible rooms, and a dedicated manager’s residence + 48 secure parking spaces across 2 basement levels + One of the largest freehold co-living assets in Australia + Outstanding connectivity, just 800m from Burwood Train Station* + Flexible management agreements tailored to various operational strategies + Compact and affordable rooms with outstanding natural light and functionality + Wealthy student and Asian concentrated market + $885 per week median rental price in Burwood as at January 2025 + Strategically positioned to benefit from strong rental market growth and the rising demand for co-living spaces + Ability to leverage the burgeoning rental market that increased 23.6% year on year** with a sharp 1.11%** vacancy This is a rare opportunity to acquire a landmark co-living property with strong income potential and promising long-term growth. Expressions of Interest close at 3:00 PM, Wednesday, 26 March 2025. For more information or to arrange an inspection, please contact the exclusive agents.
Savills - Sydney CBD
Level 25, 1 Farrer Place, Sydney, NSW
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street, Sydney, NSW
Immobiliare ID: 504790628