Substantial 1,284sqm Landholding – 22-Room Boarding House with Strong Future Upside
- FOR SALE - $5,500,000
Substantial 1,284sqm Landholding – 22-Room Boarding House with Strong Future Upside
- FOR SALE - $5,500,000
Description
A rare opportunity to acquire a substantial 22-room boarding house positioned on an exceptional 1,284sqm landholding in the tightly held inner-west suburb of Summer Hill.
The property currently generates $332,524 per annum, presenting a compelling value-add opportunity for investors seeking to improve returns through rental optimisation and cosmetic upgrades.
Key highlights include:
- 22 income-producing rooms with separate office
- Significant 1,284sqm landholding
- Substantial driveway providing off-street parking for multiple vehicles
- Full kitchen with generous separate dining area
- Two communal living areas
- Strong existing income of $332,524 (CY25)
- Opportunity to add value through refurbishment and re-leasing
- Prime inner-west location with ongoing rental demand
Details
Updated on March 25, 2026 at 10:57 am-
Property ID DET-17015
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Price FOR SALE - $5,500,000
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Property Size 1284 m²
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Land Area 1284 m²
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Bedrooms 23
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Rooms 23
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Bathrooms 6
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Property Type Boarding house
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Property Status Commercial Auction, Commercial Sales















