Sold
89-91 Dartbrook Road,
Auburn 2144, New South Wales
Price withheld
Property details
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Agents
FREEHOLD UNIT BLOCK (8 x 2 BED UNITS)
Ray White Commercial (SC) is proud to present to market 89-91 Dartbrook Road, Auburn. The property will be offered for sale via Auction on Thursday 21st March 2024, unless sold prior.
The offering comprises eight (8) 2-bedroom units and a robust income stream, making it an attractive long-term investment opportunity. Additionally the asset is strategically located within a coveted R4 - High Density Residential zoning, affording the next owner future value appreciation through renovation, rental uplift, development, or innovative repositioning^.
In addition to its investment potential, the property is strategically located near Auburn's Railway Station and central hub. The area is also home to educational institutions such as Trinity Catholic College, Auburn Girls High School, and Amity College's Auburn campus, ensuring a superior lifestyle for families.
Additional highlights of the asset include:
• Eight (8) x 2-bedroom tenanted units to be sold in one-line
• Onsite car parking for all units
• Units in well-presented condition
• Rental Income of $187,200 per annum*. Currently fully leased
• Land Size: 923 sqm*
• Zoned R4: High Density Residential
• Floor Space Ratio (FSR): 1.7 : 1^
• Height of Building: 18m^
• Future rental, repositioning or development upside (STCA)
• 1km* to Auburn Train Station
• 2km* to Silverwater Industrial Estate
• 4.5km* to Sydney Markets
• 5.7km* to Parramatta CBD
The property is offered for sale via Auction on Thursday, 21 March 2024 at 10:00am (AEDT). The Auction will be held at Ray White Corporate Office, Level 7, 44 Martin Place, Sydney NSW 2000.
For further information, please contact the exclusive selling agents below.
*Approximately
^STCA
The offering comprises eight (8) 2-bedroom units and a robust income stream, making it an attractive long-term investment opportunity. Additionally the asset is strategically located within a coveted R4 - High Density Residential zoning, affording the next owner future value appreciation through renovation, rental uplift, development, or innovative repositioning^.
In addition to its investment potential, the property is strategically located near Auburn's Railway Station and central hub. The area is also home to educational institutions such as Trinity Catholic College, Auburn Girls High School, and Amity College's Auburn campus, ensuring a superior lifestyle for families.
Additional highlights of the asset include:
• Eight (8) x 2-bedroom tenanted units to be sold in one-line
• Onsite car parking for all units
• Units in well-presented condition
• Rental Income of $187,200 per annum*. Currently fully leased
• Land Size: 923 sqm*
• Zoned R4: High Density Residential
• Floor Space Ratio (FSR): 1.7 : 1^
• Height of Building: 18m^
• Future rental, repositioning or development upside (STCA)
• 1km* to Auburn Train Station
• 2km* to Silverwater Industrial Estate
• 4.5km* to Sydney Markets
• 5.7km* to Parramatta CBD
The property is offered for sale via Auction on Thursday, 21 March 2024 at 10:00am (AEDT). The Auction will be held at Ray White Corporate Office, Level 7, 44 Martin Place, Sydney NSW 2000.
For further information, please contact the exclusive selling agents below.
*Approximately
^STCA
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Contact Samuel Hadgelias
Contact Samuel Hadgelias
Samuel Hadgelias
89-91 Dartbrook Road, Auburn NSW 2144
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Samuel Hadgelias
89-91 Dartbrook Road, Auburn NSW 2144