Sold
76 Marion Street,
Bankstown 2200, New South Wales
$3,915,000
Property details
-
Agents
Under Instructions To Be Sold!
Ray White Commercial Western Sydney is pleased to present 76 Marion Street, Bankstown for sale via Public Auction.
This New Generation Boarding House provides a secure and rare opportunity to acquire this fully leased investment in an ideal location within the revitalising Bankstown Precinct.
Completed in 2015 and consisting of sixteen (16) self-contained rooms with one (1) manager room. This corner site (Marion Street & Winspear Avenue) allows for side street access to four (4) onsite car spaces.
Additional Highlights of the property are outlined below:
• Site area 770m2*
• Recently constructed and well-maintained investment
• No passenger lifts, low maintenance upkeep
• Four (4) car & three (3) bike onsite parking spaces
• Current gross passing income of $247,000* p.a.
• Potential to increase rents to be in line with current market
• 600m* to Bankstown Railway Station and Bankstown Town Centre
• Under instructions to be sold
The property will be offered for Auction, onsite on Thursday 28 July 2022 at 12:30pm.
For more information, please contact the exclusive selling agents.
*Approx.
This New Generation Boarding House provides a secure and rare opportunity to acquire this fully leased investment in an ideal location within the revitalising Bankstown Precinct.
Completed in 2015 and consisting of sixteen (16) self-contained rooms with one (1) manager room. This corner site (Marion Street & Winspear Avenue) allows for side street access to four (4) onsite car spaces.
Additional Highlights of the property are outlined below:
• Site area 770m2*
• Recently constructed and well-maintained investment
• No passenger lifts, low maintenance upkeep
• Four (4) car & three (3) bike onsite parking spaces
• Current gross passing income of $247,000* p.a.
• Potential to increase rents to be in line with current market
• 600m* to Bankstown Railway Station and Bankstown Town Centre
• Under instructions to be sold
The property will be offered for Auction, onsite on Thursday 28 July 2022 at 12:30pm.
For more information, please contact the exclusive selling agents.
*Approx.
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Contact Joseph Assaf
Contact Joseph Assaf
Joseph Assaf
76 Marion Street, Bankstown NSW 2200
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Joseph Assaf
76 Marion Street, Bankstown NSW 2200