FOR SALE
EXPRESSIONS OF INTEREST

7 Ross Place
St Marys NSW 2760

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 1090m2
Land area: 727m2
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Leased 31 Room Boarding House in High Growth Precinct

RWC Western Sydney is pleased to present 7 Ross Place, St Marys for sale via Expressions of Interest.
Representing an exceptional opportunity to acquire this fully leased new generation boarding house. Including 31 oversized quality rooms with a manager's residence.
Designed over four (4) levels with basement car parking, completed in January 2022. Current net passing income of $625,000* per annum with potential to increase. Ideal investment opportunity to capitalise on the current housing market shortage, low vacancy rates and migration boom.
Additional highlights of the property are outlined below:
• 31 High quality rooms (10 x double & 21 single room) with lift access
• All rooms with appliances; Including washer, dryer combination, cooktops, range hoods, drawer dishwasher and combination oven
• 25 Rooms include additional furnishings but not limited to bed, bedside tables, lounge, coffee table, dining table and chairs
• Land tax exemptions and depreciation benefits available
• CCTV and video security intercom
• Intelligent smart access to all studio entry doors using "Assa Abloy Vingcard"
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Property Details for 7 Ross Pl, St Marys

Building Type
Commercial
Floor Size
1090m2
Land Size
727m2

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About St Marys 2760

The size of St Marys is approximately 10.6 square kilometres. It has 35 parks covering nearly 19.4% of total area. The population of St Marys in 2011 was 10,960 people. By 2016 the population was 12,198 showing a population growth of 11.3% in the area during that time. The predominant age group in St Marys is 20-29 years. Households in St Marys are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Marys work in a machinery operators and drivers occupation. In 2011, 51.8% of the homes in St Marys were owner-occupied compared with 44.4% in 2016.

St Marys has 8,084 properties. Over the last 5 years, Houses in St Marys have seen a 67.93% increase in median value, while Units have seen a 35.65% increase. As at 31 July 2024:

  • The median value for Houses in St Marys is $911,850 while the median value for Units is $580,558.
  • Houses have a median rent of $500 while Units have a median rent of $500.
There are currently 67 properties listed for sale, and 57 properties listed for rent in St marys on OnTheHouse. According to CoreLogic's data, 414 properties were sold in the past 12 months in St marys.

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Joseph Assaf
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Peter Vines
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RWC Western Sydney
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