Boutique Block of Four Units with Dev Upside

RWC Sydney City Fringe in conjunction with Knight Frank, are pleased to present 41 Temple Street, Stanmore for sale via Auction.

Introducing an exceptional low-maintenance property located in the heart of Stanmore, presented for the first time in over 45 years. Set on a generous 443 sqm* block, this impressive collection of four oversized one-bedroom units offers a rare opportunity for investors and developers alike. Each unit is beautifully presented, featuring internal laundries and private entrances, with three of the units boasting balconies.

Conveniently situated approximately 450m* from Stanmore train station, the property is just moments away from popular cafes, restaurants, and IGA, ensuring a vibrant lifestyle for residents. Additionally, each unit is separately metered for electricity, making management seamless and efficient. Don't miss out on this unique opportunity in a desirable location!

Key Investment Highlights

-Total site area: 443sqm*
-Two titles - Potential duplex site STCA**
-Two street frontages with dual access
-Four (4) oversized one-bedroom units, all with internal laundries
-Gross annual income $128,440*pa
-100% occupied with staggered lease expiry
-Potential to significantly increase return through refurbishment and renovations
-Potential to strata subdivide
-Communal landscaped garden oasis
-Air conditioning in all units
-Double brick rendered with double-glazed windows
-4 parking spaces available

Opportunities like this are few and far between. Whether you're a savvy investor or a developer with a vision, 41 Temple Street is a rare and remarkable offering.

For more information or to arrange an inspection, please get in contact with the agents below:

Kristian Morris | 0411 415 297
Principal and Licensee in Charge
RWC Sydney City Fringe

Adam Droubi | 0420 807 090
Senior Sales Executive
Knight Frank

*Approximately
** Subject to council approval

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