20 Bridge Street Cabramatta NSW 2166

Development / Land
Sold

Whole Block of Eight Apartments To be Sold in One Line

Whole Block of 8 apartments in One Line
Only 300 metres* from railway station
Rental reversion/strata/redevelop STCA

Colliers is pleased to present for sale 20 Bridge Street, Cabramatta a entire block of eight (8) residential apartments in the highly sought-after market of Cabramatta in Sydney's South West.

Located only 300 metres from Cabramatta Railway Station and the vibrant John Street Retail Precinct, this opportunity is ideal for astute investors seeking a low risk and diverse income stream underpinned by great value-add propositions.

- Block of Eight Apartments to be sold in one line
- Fully leased with solid brick construction within boutique residential complex of 6 x 2-bed & 2 x 1-bed apartments each with balconies and internal laundries.
- Estimate fully leased income - $145,600 per annum + GST
- Rectangular block of 966m2*(includes 8 on-site ample car spaces)
- Only 300 metres* from Cabramatta Railway Station & John Street Retail Precinct within highly sought-after Western Sydney Asian suburb.
- Significant value proposition through re-negotiations of rents, strata subdivision (STCA).
- Future redevelopment upside through site amalgamation to increase density (Subject to Council Approval)
- Genuine Vendor wants it SOLD!

20 Bridge Street, Cabramatta is being sold via Public Auction on Thursday 24 August 2023 at 12:00pm (AEST) at Colliers Sydney CBD office Level 30, 225 George Street, Sydney NSW 2000.

*Approximately