34 & 1-4/34A Sibbick Street Russell Lea

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34 & 1-4/34A Sibbick Street
Russell Lea

Ideal investment opportunity or approved strata conversion – freestanding house + four apartments

  • 11 bed
  • 5 bath
  • 11 car

Land 778m2 (approx)

Price Guide

Contact Agent

34 & 1-4/34A Sibbick Street
Russell Lea

Ideal investment opportunity or approved strata conversion – freestanding house + four apartments

A rare and substantial multi-residential holding with strong income and future potential. Comprising a freestanding three-bedroom residence complemented by a block of four well-presented two-bedroom apartments at the rear, with basement carparking for eleven vehicles. Positioned on a generous 778sqm landholding in a tightly held bayside pocket.

This exceptional property generates a strong rental income of approximately $182,050 per annum, underpinned by its blue-chip location close to transport, schools, local cafes, waterfront parklands and the Five Dock Bay.

In addition to its immediate income security, the property benefits from a current Development Approval for strata subdivision, presenting a unique opportunity for investors, dealers and developers alike to capitalise; whether through individual resale "as is" or through further capital improvements to enhance gross realisation.

Just 8km from the Sydney CBD, 34 & 1-4/34A Sibbick Street represents a premium opportunity to secure a high-performing, income-generating asset in one of the Inner West's most desirable residential enclaves.

  • - Substantial 778sqm landholding offered in one line
  • - Freestanding 3-bedroom home plus four 2-bedroom apartments
  • - Basement car parking for eleven vehicles
  • - Combined rental income of approx. $182,050 per annum
  • - DA approval for strata subdivision providing significant uplift potential
  • - Solid full-brick construction, well maintained throughout
  • - Excellent tenant retention and minimal vacancy risk
  • - Bayside setting close to Five Dock Bay, schools, cafes and transport
  • - Blue-chip investment 8km from the Sydney CBD
    • 11 bed
    • 5 bath
    • 11 car

    Land 778m2 (approx)

    Price Guide

    Private Treaty

    Contact Agent

    Make an Enquiry

    34 & 1-4/34A Sibbick Street
    Russell Lea

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