8 Forsyth Place OATLANDS NSW

Fully Leased 22-Room Boarding House | Head Lease to 2035

11

Lowry Property Group is pleased to present 8 Forsyth Place, Oatlands. This is a near-new, fully leased 22-room boarding house secured on a single head lease through to 2035.

Completed in 2022, the property sits within the Parramatta/Westmead corridor. It offers investors a passive income stream with no day-to-day management.

Key Highlights:
• 22 self-contained rooms, each with its own private laundry
• Single head lease with options through to October 2035
• Passing net income of $414,203 p.a. (projected $430,918 p.a.)
• Built in 2022, offering purchasers a significant depreciation schedule
• Secure basement parking for 11 cars

Sales Process:
• Off Market – Price Guide: $6,500,000

For more information, contact Lowry Property Group:
• Jason Lowry | 0419 277 527 | jason.lowry@lowryproperty.com.au
• Nick Lowry | 0408 891 376 | nick.lowry@lowryproperty.com.au

Property Type

Other

Overview

Type
Other
Contract
Sold
Building Size
1,608 sqm
Land Size
1,608 sqm
Carport
11
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