15 Lachlan Street

Warwick Farm NSW 2170

663 m²

Block of units

Currently for sale - view listing

Overview

RARE INVESTMENT OPPORTUNITY – ENTIRE BLOCK OF 5 APARTMENTS

An exceptional opportunity to acquire an entire block of five fully leased and well maintained apartments on approximately 663sqm of combined land, ideally positioned within walking distance of Liverpool's major amenities. Each spacious apartment offers 106m2 on title and comprises 2 bedrooms, 1 bathroom, generous living and dining areas, kitchen, internal laundry, 2 balconies and a lock-up garage. The property currently generates a combined rental return of $2,000 per week, increasing to $2,120 per week from mid-October, equating to approximately $110,240 per annum. INVESTMENT HIGHLIGHTS - Entire block of 5 x 2-bedroom apartments - All apartments currently leased - $2,000 per week combined rental income - Increasing to $2,120 per week from mid-October - Approx. $110,240 p.a. annualised gross income - Approx. 106sqm internal area per apartment - 5 lock-up garages, 1 undercover visitor space plus 2 parking bays - Approx. 663sqm combined landholding - Walk to Liverpool Hospital and Westfield Liverpool - Walk to Warwick Farm and Liverpool Train Stations - Close to schools, local amenities and major arterial roads - A tightly held opportunity offering multiple income streams, substantial accommodation and an outstanding location in the heart of the Liverpool/Warwick Farm precinct.