Registered boarding house, Amazing investment Recently completed boarding home offering high income and plenty of growth! Situated just a short walk to Ashfield train station, bus transport and vibrant shopping centre, this fully rebuilt and extended, Registered Boarding House, consists of 19 self-contained studios. With its well-organized and presented low maintenance finishes throughout, modern facilities and productive systems for easy and efficient management, an investment like this is the perfect opportunity for hands-on operators or passive investors looking for a secure, high-income generating asset in a time of low interest rates and slow economic growth. Features Include: Instant cash flow, currently returning approximately $358,280.00 per annum with potential to improve, large 728sqm land, 490sqm building area, easily accessible location, low care facilities, multiple on-site parking, high tech self-contained office and systems. Contact us for an inspection.