Back 7 Davidson St
Off Market

7 Davidson St

Greenacre NSW 2190

18
6
9
840 m²
Block of units
Last sold for $2,600,000
Rabie ChehadeRabie Chehade, last sold this property on 22 June 2021 after 31 days on market.

Overview

SOLID INVESTMENT OPPORTUNITY

Well-presented fresh and bright 3 storey apartment block, rare opportunity for investors, SMSF, companies and the savvy buyer with excellent rental growth potential. Solid Full Brick Construction Single Title Sold in one line Fully updated and renovated 6 x 3 bedroom apartments 9 x car spaces, and 6 x bathrooms Potential strata sub-division and additional improvements to add value Oversized living area with Air Conditioning and balcony Combined Bathroom and laundry for each apartment Low maintenance building with open BBQ family areas Ideal investment and future development (STCA) Potential to improve return significantly Current rental return approx. $124,280 PA with scope for further increases R3 Zoning – Medium Density (Council – Strathfield) On the border of Bankstown, Greenacre, Chullora, and Strathfield Located minutes to schools, shops and transport Land size 840sqm approx. (flat level block) Regretful sale but this unique offering must be SOLD!! For more information, or to obtain a copy of the Information Memorandum please contact Rabie Chehade on 0409 006 900 or by email rabie@igrouprealestate.com.au Property Code: 347

Features

18 bedrooms
6 bathrooms
9 carspaces
9 garage spaces
840 m² lot size
Block of units

Estimated Value

We need at least 3 similar 18 bedroom block of units sold in Greenacre over the last 12 months.

Property history for 7 Davidson St

2021
Sold
$2,600,000
22 Jun 2021 by Rabie Chehade, of I Group Real Estate
2021
Rented
Undisclosed
Leased on 28 Mar 2021 by I Group Real Estate
2019
Rented
Undisclosed
Leased on 26 Jul 2019 by I Group Real Estate

Happy sellers in Greenacre

79%
79% of sellers in Greenacre reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 44 reviews in Greenacre over the last 12 months.

Local market activity for 18 bedroom block of units in Greenacre

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