500 George St

South Windsor NSW 2756

1012 m²

House

Currently for sale - view listing

Overview

Whole Block, One Title - Six Units with Outstanding Income & Upside

Positioned in the heart of South Windsor directly opposite the local shopping village, 500 George Street presents an exceptionally rare commercial and residential opportunity to acquire a complete, 100% freehold Torrens Title block of six units on a substantial 1,012sqm parcel. Delivering an immediate gross return of $152,360 per annum across a fully occupied tenancy profile with zero body corporate overheads, this trophy holding perfectly balances dependable turnkey cash flow with distinct long-term growth channels. Constructed in the 1980s with durable, full-brick architecture and a tiled roof, the complex comprises six spacious two-bedroom, one-bathroom apartments featuring light-filled open-plan living and dining spaces, well-proportioned kitchens, and dedicated internal laundries. The building features a versatile mix of completed interior modernizations alongside well-kept original spaces, opening immediate scope for value-add renovators to boost yields further through selective cosmetic updates. While rear laneway access provides six secure gated carports complemented by expansive front and rear lawn gardens with fruit trees and dedicated off-street maintenance parking. Offering tremendous versatility, incoming owners can capitalize on strong passive yields, pursue a strategic strata-subdivision to sell off individual units over time, or explore the long-term mixed-use potential of its strategic zoning (STCA). With public transport directly at the doorstep and Windsor Train Station a short 750-meter stroll away, this premium asset delivers unmatched convenience, scale, and capital upside. All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property. Please refer to our Data Collection Policy & Privacy Policy on our website.