Approved Boarding House

We are pleased to present 42 Manning Street, Kingswood brought to you by award winning agent Peter Diamantidis. <br/><br/>Strategically located within walking proximity to Western Sydney University Kingswood and Werrington campuses and a short walk away from Kingswood Station, this boarding house generating a rental return of $174,200.00 per annum with 15 leased out rooms which has no vacancies. <br/><br/>This boarding house is only 3 years old and was built by renowned builder Rise Projects and is still under the building warranty period<br/><br/>This boarding house presents as the perfect opportunity for investors looking for great rental returns along with the expected capital gains within the next 10 years in Western Sydney <br/><br/>WHAT WE LIKE ABOUT THIS PROPERTY:<br/>- 3 years old <br/>- 15 rooms with 13 bathrooms<br/>- Full occupancy <br/>- Currently returning $174,200 with a potential increase with some of the current tenancy<br/>- 645sqm of land - Zoned R3 Medium density <br/><br/>Boarding homes of this nature are very rare and highly sought after. Do not miss this opportunity! Perfect for investors and extremely high in demand. <br/><br/>For further information, please contact Peter Diamantidis 0404 051 702 or Vedant Agrawal 0490 173 525