Entire boutique block - solid returns and enormous opportunities

A superb investment opportunity with tremendous potential, this solid brick complex of four apartments is ideally located in the heart of the inner west, just a brief stroll to Marrickville's cafes, dining and shopping amenities. It is well-presented in good condition and 3 of the units are currently tenanted and earning solid annual returns. The property offers a great income generating prospect with huge potential to increase revenue through renovation or further development (STCA).

- 2 X one-bed & 2 X two-bed apartments to be sold in one line
- 3 units are currently tenanted and earning solid annual returns
- On-site parking includes four car spaces at the side of the building
- Potential to further update/renovate and increase rental yield
- Scope to explore development possibilities to fully capitalise (STCA)
- Easy access to Marrickville's bustling transport and dining hub
- Strolling distance to the Cooks River parklands and cycleways

Additional details

  • Land size approx 360 sqm
  • Council rates $492 pq
  • Water rates $693 pq

6 4 4

Price

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