Presenting a rare opportunity to acquire a solid freestanding brick residence divided into 3 x 1 self-contained flats. Conveniently located in a sought-after Auburn location, providing immediate access to transport, cafes, and eateries in short walking distance. The perfectly positioned property offers both a proven and secure income stream for investors or self-managed super funds or owner occupiers.
- Estimated Rental Income – $61,620 based on full occupancy
- Versatile configuration – 3 x 1-bedroom flats
- All separate flats include separate kitchens, bathrooms, separate living/dining areas and separate access
- High ceilings, double brick construction, mixture of tiled and floating floorboards throughout
- Exceptional Investment potential – Strong rental returns with scope for value-add enhancements
- Separate electricity meters and separate mail boxes
- Land size is 480.6 sqm with super wide 21.336m frontage (approx)
- Zoned R2 low density and council approved flats
- Prime corner block with two street frontages to Water Street and Cambridge Street
- Situated between Auburn & Lidcombe train station and within walking distance, five (5) minute walk to Auburn Hospital, walking distance to schools, Auburn central shopping district, parks, childcare centres, cafes, restaurants, Auburn botanical gardens
This is a rare opportunity to secure a well-positioned property with a strong rental return and potential for future enhancements or conversion, offering versatility for investors and owner-occupiers alike.
Laing & Simmons Merrylands and its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries.
