140 Stanmore Road

Stanmore NSW 2048

798 m²

Block of units

Currently for sale - view listing

Overview

Inner West Investment Opportunity - 6 x 2 br Units

Location: Ideally positioned with convenience & lifestyle in mind. An easy walk to the delights of Enmore Road with its array of eateries, bars, cafes, theatre and city bus, plus metres to Ryan Park, Newington College, Stanmore primary school with Stanmore station only a short walk away. Accommodation: Over 3 levels this full brick building offers 6 x 2 bedroom units with refurbished kitchen & bathrooms, internal laundry, off street parking all set on a huge leafy 798m2 block. Overview: With all apartments fully leased this property presents a perfect opportunity to hold as an investment and has the scope to further upgrade or perhaps redevelop (STCA) to capitalise on this desirable and sought after Inner West location. The area is well serviced with public transport including train and numerous bus services to city & nearby centres. Total site area is approx 798m2 (approx. 15.24m x 52.4m) Key features: $191,120 p.a. gross income 6 x 2 bedroom units 2 x garage & 4 x car spaces Opportunity to further upgrade to increase income Development potential (STCA)