Talk about a brilliant investment for those looking to play the long game.
Set on a large block (approx 758sqm), these 8 apartments on one title provide an instantly rewarding rental return.
Plus, you've got impressive upside to renovate and/or individually strata them in the future. Icing on the cake is its High Density Residential Zoning (R4) so when it comes to future development potential, the sky's the limit.
THE DETAILS
Eight (8) apartments on one title
6 x 2BR plus 2 x 1BR
Eight (8) off-street parking spaces
Strong rental income of $195,520 per annum
Excellent strata potential
Large 703sqm block with R4 zoning (high-density potential)
Held by the one family for many years
THE LOCATION
In the very heart of Campsie, one of Sydney's most vibrant inner-urban hubs, you've got the buzz of Beamish Street around the corner with its specialty shops, major supermarkets and an endless array of eateries to explore. You're also walking distance to Campsie Station and a choice of bus routes, as well as easy access to local schools and Canterbury Hospital.
Outgoings:
Council Rates: $7809 per annum
Water Rates: $9088 per annum
