65 Willis Street, Kingsford

Investment highlights include:

• 33 self-contained studios across two separate buildings
• All studios feature kitchen and bathroom facilities along with living/study space, laundry facilities and select rooms with balconies
• Immaculately furnished studios currently 100% occupied
• Recently completed in 2019, all rooms benefit from swipe card security access and intercom
• Spacious and well appointed common room with BBQ area for residents to enjoy
• Secure off-street parking available
• Strong and diversified cashflow asset with strong rent growth prospects
• Estimated current gross passing income of $838,240.00 per annum approx.
• Well established rental market fully supported by record low vacancy rates, upward rental pressure, the return of international students and migrants and a major Health and Education Precinct attracting transient employees.
• Highly accessible location within immediate proximity to University of New South Wales 550 metres* away, Randwick Health and Innovation Precinct 1km* and Junior Kingsford Light Rail stop 350 metres* away

For Sale by Expression of Interest.

All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.