Freestanding refurbished Victorian Villa, 2 Level 20 room boarding house
‘Doncaster Lodge’ is a fully licensed boarding house on 525sqm of land and within a short stroll to UNSW, TAFE, PoW Hospital and Centennial Park
Features
20 bedrooms, 6 bathrooms, 1 office, 1 storage room, 1 parking
Communal kitchen and dining, internet, coin operated laundry and BBQ facilities
GAR in excess of $255k on a fully let basis, annual outgoings $25k approx.
Zoned R3 Medium Density Residential
Direct rear access to Kokoda Memorial Park
Original circa 1890, totally refurbished throughout in 2010
Offered fully furnished, with all inventory accompanying the sale
Proven & secure cash flow, opportunity to increase both yield & value add
Quick access to transport, Randwick, Eastern Beaches & amenities
Excellent investment opportunity, the property is very well maintained throughout and situated in one of Sydney’s prominent educational precincts
