Rare opportunity to acquire a full 8-unit block in Belmore with strong rental income and excellent value-add potential. Perfect for investors or developers looking to capitalise on Sydney's housing demand. This is a chance for savvy investors to grow their portfolio.
Property Highlights:
Site area: 942 sqm approx. (15.24m X 62.18m)
Unit mix: 6 x 2-bedroom, 1-bath | 2 x 3-bedroom, (1 x 1 -bath and 1 x 2-bath)
Well-configured 8-unit block
Current gross income: $262,340 p.a. approx.
Two-level walk-up, solid double brick construction
Renovated and updated interiors
Zoned R3 - Medium Density Residential
Ample on-site parking
Excellent transport links
Conveniently located: 1 km to Belmore Train Station | 2.2 km to Campsie Centre | 5 km to Burwood Westfield
Opportunities:
Increase rental income to market rates
Refurbishment potential to boost returns
Future strata subdivision (STCA)
* Inspection by appointment
Disclaimer: The above information has been furnished from sources we deem to believe. We have not verified whether or not that information is accurate, and do not have any responsibility to any person for its accuracy and do no more than pass it on. All interest parties should make and reply upon their own inquiries in order to determine whether or not this information is, in fact, accurate
