Darlinghurst boarding house California for sale

Darlinghurst boarding house California for sale
Darlinghurst boarding house California for sale

California, a 14 room boarding house fronting the busy Flinders Street in Darlinghurst, has been listed for sale.

Refurbished since it last traded for $1,845,000 in 2010, 60 Flinders Street on 190 sqm has three levels at the front and two at the rear.

Currently it yields around $323,000 gross annual revenue. It sits near Taylor Square, Oxford Street, Surry Hills and Moore Park, with two street frontages to Flinders and Chisholm Streets.

The 14 rooms are currently made up of nine double studios, eight fully self-contained with their own ensuites, and five single units all with kitchenettes. They share three bathrooms.

There's an undercover communal courtyard with custom timber seating and barbecue facilities and an on-site coin-operated laundry.

It is being sold as a going concern, with all furnishings and inventory included in the sale.

Dominic D'Ettorre at D'ettorre Real Estate is marketing the property for a July 17 auction in conjunction with McGees Property agent John Grujovski.

They suggest its a fusion of modern design and classic features.

The vendor of California has also listed the Paddington boarding house Belle Vue.

 

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Darlinghurst Boarding House

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