RIPE FOR INVESTMENT - APARTMENT BLOCK (12 x 2 units) - PAINT & PROSPER!
Ray White Commercial and Stanton Hillier Parker NSW are delighted to offer 30 Railway Parade, Fairfield for sale via Public Auction on Tuesday 10th of December 2019 at Auction WORKS, Mezzanine Level 50, Margaret Street, Sydney, NSW 2000.
This presents a remarkable opportunity to acquire this entire block of 12 units in one line freehold investment with future strata-subdivision and development potential (STCA).
Situated within walking proximity to the thriving Fairfield Town Centre and Railway Station, the units are presentable with the potential for works to be carried out to increase the property's return.
Additional highlights of the opportunity are outlined below:
*Entire block of 12 units (all 2 bedroom units)
*12 on grade car spaces, one for each unit
*Total land area of 1,252sqm*
*Potential gross income of $200,408* p.a.
*Efficient floor plan layouts
*Currently zoned R4 High Density Residential
*Ability to strata and sell-down, reposition and increase rent or hold and redevelop^
For more information, please contact the below selling agents.
*Approx.
^STCA
This presents a remarkable opportunity to acquire this entire block of 12 units in one line freehold investment with future strata-subdivision and development potential (STCA).
Situated within walking proximity to the thriving Fairfield Town Centre and Railway Station, the units are presentable with the potential for works to be carried out to increase the property's return.
Additional highlights of the opportunity are outlined below:
*Entire block of 12 units (all 2 bedroom units)
*12 on grade car spaces, one for each unit
*Total land area of 1,252sqm*
*Potential gross income of $200,408* p.a.
*Efficient floor plan layouts
*Currently zoned R4 High Density Residential
*Ability to strata and sell-down, reposition and increase rent or hold and redevelop^
For more information, please contact the below selling agents.
*Approx.
^STCA