104 Intercolonial Street, Sydney

Description

Welcome to the heart of Downtown Sydney, where location and income potential come together seamlessly. Situated just a few blocks from all major amenities and conveniently positioned along a main bus route, this property offers exceptional accessibility for tenants and strong long-term rental appeal. Purposefully designed with student housing in mind, the building features an ideal layout with eight bedrooms, making it a turnkey investment opportunity. Currently, two rooms are occupied, while six will be vacant at closing allowing new owners the flexibility to set market rents and select their preferred tenants. The main level boasts a spacious eat-in kitchen, perfect for shared living, along with main floor laundry for added convenience. Two full bathrooms ensure comfort for multiple occupants. Extensively renovated in 2011, the property was fully gutted to the exterior walls and upgraded throughout the interior with modern finishes and systems. The exterior was also completely renovated in 2011, providing lasting curb appeal and peace of mind. All furniture and appliances are included in the sale, offering a seamless transition for the next owner. The current owner covers heat, lights, cable, internet, and phone, which adds further appeal for tenants seeking all-inclusive accommodations. Whether you're expanding your portfolio or entering the investment market, this fully furnished, income-generating property in Downtown Sydney is a rare opportunity not to be missed.