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23 Ada Street, Concord, NSW 2137

23 Ada Street, Concord, NSW 2137

Concord

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23 Ada Street, Concord, NSW 2137

23 Ada Street, Concord, NSW 2137

Properties / Sold / New South Wales / Concord
Development Potential
Property Type
Residential
Land Area
900 m² (*approx)
Selling Method
Auction: Contact Agent
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Inner West, New Aged Boarding House Investment

Adam Charles as exclusive agents is delighted to present 23 Ada Street, Concord, a well-established, new aged boarding house investment opportunity in the tightly held Inner West.

The opportunity benefits from the following key features:

• Substantial 900sqm site area

• Currently fully leased as 29 low maintenance self-contained studio rooms, each with kitchen, laundry and bathroom

• Solid build, low maintenance asset

• Fully leased existing income of $478,140 per annum gross, with obvious scope to increase

• Highly sought Inner West location, surrounded by a wealth of amenity

• Strategically positioned within close proximity of multiple transport nodes: Burwood and Strathfield Stations, bus services

• Situated in a well-established suburb with strong growth potential

23 Ada Street, Concord, will be offered for sale via auction on Thursday 2nd December 2021, if not sold prior

To request a copy of the information memorandum or due diligence material, please contact the exclusive agents

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

23 Ada Street Development Site Summary

Property Type
Residential
Land Area
900 m² (*approx)
Selling method
Auction: Contact Agent

Development Site Highlights

Inner West, New Aged Boarding House Investment

Adam Charles as exclusive agents is delighted to present 23 Ada Street, Concord, a well-established, new aged boarding house investment opportunity in the tightly held Inner West.

The opportunity benefits from the following key features:

• Substantial 900sqm site area

• Currently fully leased as 29 low maintenance self-contained studio rooms, each with kitchen, laundry and bathroom

• Solid build, low maintenance asset

• Fully leased existing income of $478,140 per annum gross, with obvious scope to increase

• Highly sought Inner West location, surrounded by a wealth of amenity

• Strategically positioned within close proximity of multiple transport nodes: Burwood and Strathfield Stations, bus services

• Situated in a well-established suburb with strong growth potential

23 Ada Street, Concord, will be offered for sale via auction on Thursday 2nd December 2021, if not sold prior

To request a copy of the information memorandum or due diligence material, please contact the exclusive agents

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

23 Ada Street, Concord, NSW 2137

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Property Location of 23 Ada Street, Concord, NSW 2137

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Due Diligence

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Report Contains

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  • Surrounding Amenity
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23 Ada Street, Concord, NSW 2137 Concord