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2 Melton Street South

Auburn NSW 2144

2
2
4
House
Currently for sale - view listing

Overview

WHAT AN OPPORTUNITY - OWNER OCCUPY OR DUAL INCOME INVESTMENT

A rare opportunity to secure an something unique. Currently occupied by long term tenants by a family day care on one side, and an accountants office on the other, this property is an ideal opportunity for a dual income investor, or an owner occupier to purchase and operate your business from one office or both offices, or use one side and rent out the other to another business. Or potentially, live in one side , and run your business from the other. 2-4 Melton St South offers this opportunity. Leased since 2014 to a family day care on one side, and an accountants office on the other, each side is set up to be business specific, and each side has 2 courtyards, bathrooms and kitchenette, and off street parking to 4 carspaces at the rear of the property. Ideally positioned next to a Primary School, with plenty of local businesses ( small and large ) on Parramatta rd, nearby, easy street parking for customers, and easy access to Parramatta rd, Silverwater rd and the M4 Looking for a property to own and operate your business? Could it suit an SMSF purchase ? This dual income property is hard to find, and a rare opportunity in the growing area of Sydney. Total Land area: 367sqm Cumberland Council Zoning - E3 - Productivity Support Sizes - Day care - 67sqm plus 2 courtyards and 2 carspaces Accountant - 67sqm plus 2 courtyards and 2 carspaces Total current rental income - Unit 1 - Day Care - $1,500 (excluding GSt) per month Unit 2 - Accountant' Office - $1,833.33 (excluding GST ) per month. Rent not increased since start of the lease with the current tenant Current occupants - listed below Esther Family Day Care - lease since 2014 HH LIng and Co - lease since 2014 Council rates - $603/qtr Water rates - $21/qtr DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, Starr Partners Auburn makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, floorplans, maps and images are representative only, for marketing purposes.

Features

2 bedrooms
2 bathrooms
4 carspaces
4 garage spaces
House

Happy sellers in Auburn

87%
87% of sellers in Auburn reported that their sale price either exceeded or met their price expectations.

Auburn stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 165 reviews in Auburn over the last 12 months.

Local market activity for 2 bedroom houses in Auburn

In the last 12 months, 12 two-bedroom houses similar to 2 Melton Street South, have been sold.

This represents a 20% decrease in two-bedroom houses sales when compared to the previous 12 months.

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