14 Ewing St Lismore NSW 2480

Boarding House - Backpackers Lodge

Investors Take Note!! 

This large 9 bedroom home is currently used as a Boarding House and is also licensed as a backpackers Lodge. Set on a 910sqm allotment and situated in a great location and only a short level walk to town. Central location to the University and Hospitals. This home was built at the turn of the century as a maternity hospital and is in reasonable repair, it could also be easily converted back to a large home if needed. With a maximum potential of $1,100 per week return as a boarding house or $700 per week as a long term tenancy with lower overheads, and a return of over 7%. A great opportunity to be had here! Call for an inspection.

For Sale: $469,000 neg

Residential House

Garages: 2

Inspections: By appointment

Contact:

Trevor Manwarring: 0439 586 531

Office: 0439 586 531