Residential Boarding House Plus Commercial Property in Prime Location

In a prominent position opposite Centennial Park and just around the corner from Queen Street village, this landmark 243 sqm (approx.) property is offered to the market for the first time in 43 years. To be sold as a going concern and currently operating as a veterinary clinic, real estate office and 9 room residential boarding house, the brick and rendered 2-level building presents versatile potential for future development STCA. With a sunny north rear aspect and a wide frontage to Oxford Street, this prime investment property is ideally situated 300m to Queen Street cafes/shopping and a short walk to Paddington and Bondi Junction. + Current holding income approx. $217,837 p.a. + Vet clinic lease to Feb 2025 with option to renew for 5 years + Boarding house of 9/10 rooms (with kitchenettes), 5 bathrooms + Ground floor office, courtyard, sundrenched north rear aspect + Exciting scope with versatile options for future development STCA + Prime parkside position just 300m walk to Queen Street village Laing+Simmons Double Bay + Steven Zoellner 0400 840 111 + Sally Hampshire 0414 407 415