Set on 645sqm, this entire block of 6 x 2 bedroom apartments presents a rare opportunity to secure an income producing asset with huge potential. 3 lock up garages plus 3 car spaces at rear, 4 with wrap around balconies and all with internal laundries. A great location, walking distance to Campsie Centre Shops, Canterbury Hospital and Train Station. Currently returning $106,080pa, with Unit 1 vacant. Potential for $158,600pa fully leased at market rents with scope to further increase.
• Entire block of 6 x 2 bedroom apartments
• Secure investment with strong rental income potential
• All with parking, 4 with wrap-around balconies
• Huge potential to increase the return
• Invest now, hold for future growth or redevelop (STCA)
Ray White Double Bay - Exceptional Living Begins Here
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY