66-68 Barker Street, Kingsford, NSW 2032

Next Generation Student Accommodation Complex opposite UNSW
-	Next generation student accommodation
-	Directly opposite UNSW
-	Super prime Eastern Suburbs locations

Colliers are pleased to present 66-68 Barker Street, Kingsford, a new purpose-built, high quality student accommodation complex located directly opposite the UNSW’s main campus in Kensington, within walking distance to public transport and only 5 kilometres* southeast of Sydney CBD.

This ultra-defensive income producing asset has been fully occupied by students attending the University of NSW. It is further enhanced with a long-term future growth potential to capitalise on rental reversion, reconfiguration, renovate and strata-sell down catering for over 713,144 international students currently in Australia in 2024.  

Key Investment Highlights:

•High quality student accommodation complex directly opposite UNSW 
•Ultra-defensive income producing asset has been fully occupied by students attending UNSW since October 2017. 
•39 self-contained studio apartments, managers’ residence, basement parking for 17 vehicles, communal areas, courtyards and laundry facilities. 
•UNSW is a Top 20 university globally attracting over 60,000 students worldwide. 
•Secure and low risk investment asset – 99% occupancy rate
•Estimate fully leased market passing income - $1,030,074* per annum + GST 
•Student accommodation assets are highly attractive investments due to the current housing shortage, rising rents and migration boom. 
•Super prime Eastern suburbs location close to universities, schools, famous beaches and only 5 km* from Sydney CBD with easy access via train, bus & light rail services.

66-68 Barker Street, Kingsford is for sale by International Expressions of Interest closing Thursday 17 October 2024 at 3:00pm (AEDT). 

*Approximately.