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SOLD

303/1 Meagher Street
CHIPPENDALE

Outstanding investment opportunity - Potential 8%+ return

  • 1 bath

Total Size 19m2

SOLD

Contact Agent

Fri 24 Oct 2008

SOLD

303/1 Meagher Street
CHIPPENDALE

Outstanding investment opportunity - Potential 8%+ return

Ideally positioned within easy walking distance of Sydney University and the CBD and with galleries, pubs and all amenities on your door step this compact fully furnished studio apartment represents an ideal entry level investment property.

Already showing a strong rental return of approximately 7% with obvious potential to substantially increase this to over 8% (apprx $250p.w) through basic cosmetic renovation.

Accommodation:-

Features:-

  • Sunny combined living / bedroom with built in storage
  • Tidy kitchenette
  • Well presented bathroom
  • Low-maintenance building (no lift, pool, gym etc)
  • Ideal location for strong rental growth
  • Existing tenant paying $200.00 per week (expired lease)
  • Potential for future renovation
  • Shared rooftop entertaining terrace
  • Priced for immediate sale
  • For full details of outgoings go to www.ch.com.au
  • 1 bath

Building 19m2

SOLD

Contact Agent

Fri 24 Oct 2008

Make an Enquiry

Outstanding investment opportunity - Potential 8%+ return

Get the best finance deal with Shore Financial. Independent mortgage brokers who adeptly match the best product to suit you.

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