33 Angelo St, Burwood NSW 2134, Australia

Here is a unique opportunity to acquire a high-yielding, fully compliant, well-maintained, full brick building licensed for 64 persons.

Comprising 45 rooms, all furnished and equipped with kitchenette, TV and fridge. The communal area includes multiple male and female bathrooms, 4 commercial style kitchens, commercial laundry and a lovely North facing

courtyard.

Modern CCTV surveillance system. Land size 834.72m2, building area 820m2 (approx.).

This recession-proof, land tax exempt investment with excellent cash flow of approximately $619,000 per annum, in close proximity to shops and transport, with competent management in place is perfect for investors or super funds.