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10 Macdonald Street
Lakemba NSW 2195
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Sold on 7 Nov 2023

10 Macdonald Street Lakemba NSW 2195

  • Other
  • 635 m²
  • Sold, $4,860,000

New age Boarding house - Bluechip investment in prime location

    Get straight down to business and start collecting with this modern, stylish complex of 21 studio rooms generating a fantastic return in one Sydney's most 'in-demand' locations.

    Well-appointed throughout, fully furnished and occupied, the complex has good security, basement parking and is located only minutes walk to Lakemba train station, shopping precinct and multiple Schooling options.

    With many quality features some standout ones include:

    -Fully self-contained studio's comprising 11 Double-sized rooms and 10 singles(most with courtyards or balconies).
    -Currently generating $367,588 GAR.
    -All rooms are fitted with ensemble Hotel-grade bedding, bar fridges, kitchenettes, ensuites and are Foxtel/internet/Tv ready
    -Security Intercom entrance and parking for 5 cars in the secure basement which can be accessed via a lift also
    -Tranquil rear shared communal area with manicured gardens
    -Well maintained interiors complimented by an 'easy-to-maintain' open plan layout
    -Common laundry with coin operated washing machines and dryers
    -Blue chip investment opportunity underpinned by strong rental demand bringing excellent growing rental returns

    Situated a leisurely 500m stroll to Lakemba train station, shopping village and a selection of Schools, this rare offering is truly a blue chip opportunity for the astute investor.

    AUCTION: Saturday 4th November on-site at 2pm(if not sold Prior)
    INSPECT SATURDAYS: 1.30-2pm or by appointment
    CONTACT: Chris Wilding 0401 334 773

    AUCTION

    Auction date and time04/11/2023 14:00
    Auction location10 Macdonald Street, Lakemba NSW
    Ralph First Real Estate
    Ralph First Real Estate
    Shop 11/61-67 Haldon Street
    Lakemba, NSW 2195

    Property Highlights

    Date Sold7 Nov 2023
    Sold Price$4,860,000
    Floor Area635 m²
    Land Area740 m²
    Parking5 x Onsite parkings
    Building TypeWhole building
    Property ID2018821966
    Category
    Last updated  10 Nov 2023
    Map for 10 Macdonald Street Lakemba NSW 2195
    Ralph First Real Estate
    Ralph First Real Estate
    Shop 11/61-67 Haldon Street
    Lakemba, NSW 2195

    Property Highlights

    Date Sold7 Nov 2023
    Sold Price$4,860,000
    Floor Area635 m²
    Land Area740 m²
    Parking5 x Onsite parkings
    Building TypeWhole building
    Property ID2018821966
    Category
    Last updated  10 Nov 2023

    Listed by

    Chris Wilding
    Ralph First Real Estate
    Call
    0401 334 773

    More about 10 Macdonald Street Lakemba NSW 2195

    10 Macdonald Street Lakemba NSW 2195 is categorized as Other Property. It has a floor area of 635 m² and a land area of 740 m². There are 5 x onsite parkings.The listing ID for this property is 2018821966.

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