6 Gladys Ave 30 Unit Apartment Building For Sale Frenchs Forest, NSW 2086

This brand-new, fully leased boarding house represents a rare opportunity to secure a high-performing investment in one of Sydney’s most dynamic growth precincts. Positioned directly opposite Northern Beaches Hospital, the property benefits from exceptional tenant demand driven by medical professionals, students, and local workers. Its strategic location offers unmatched convenience, with Forestway Shopping Centre just 700 meters away and seamless connectivity to Warringah Road, Chatswood, Sydney CBD, Dee Why, and Manly via major bus routes.
The asset comprises 30 modern, self-contained studios plus a manager’s suite, all designed for low-maintenance living. Secure basement parking for 15 vehicles enhances tenant appeal, while the property’s contemporary design ensures strong depreciation benefits for investors. Fully leased and generating a gross income of approximately $864,760 per annum, this property delivers immediate cash flow and long-term stability in a high-demand market.
With its prime location, robust income profile, and low-maintenance construction, this boarding house is an ideal addition to any investment portfolio seeking consistent returns and future capital growth.