Rare Opportunity in the Heart of Burwood, Renovated Boarding House, Land Tax Exempted!
Presenting one of the rarest opportunities in Sydney's Inner West, this residence proposes multiple possibilities to suit either the astute investor or for the owner occupier looking to build their dream family home. North east facing and set on an 860m2 parcel of land with a fantastic 18.923 metre street frontage, this grand and glorious Federation home showcases recent renovations and heritage character features throughout. An investors dream as the property is currently utilised and operated as a licensed boarding house with eight separate lettings returning over approx. $131,820.00.
ESSENTIALS & INCLUSIONS:
Set in an unbeatable Burwood location on a grand 860sqm block with a sweeping 18.923m frontage Licensed for a seven room boarding house plus a separate self-contained two bedroom flat upstairsCurrently utilised and operated as a licensed boarding house with eight separate lettings returning over approx. $131,820.00Potential to convert back into a substantial family homeCurrently land tax exempt as it falls under the boarding house titleSoaring high ceilings, timber flooring, charming stained glass windows, delightful arches, decorative ceilings and fireplaces, recently renovated, brand new kitchens and freshly painted throughoutDownstairs: Seven bedrooms, two kitchens, four bathrooms, open study, expansive grassed yard with desired north east aspectUpstairs: Two separate bedrooms, kitchen, bathroom, roof terrace, combined lounge and dining-Quality Inclusions: Internal laundry, LED downlighting, ceiling fans, built in robes, common access, side access to rear
LIFESTYLE & EDUCATION:
Ultra-convenient and central location being just moments the heart of Burwood Footsteps to the bus stop on Victoria Street, Westfield Burwood, Burwood Park, Burwood Park shopping strip & Burwood train station Moments to an array of parklands including Blair Park, Wangal Park, Burwood Park, Centenary Park and more Local schools such as Burwood Girls High School, Holy Innocents Catholic Primary School, Burwood Public School, Strathfield Girls High School, Homebush Boys High School, MLC School, Meriden School and Southern Cross Catholic College
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