Sold

76 Marion Street,
Bankstown 2200, New South Wales

770m² land size
800m² building size
Other

$3,915,000


Property details

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.

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