Investors, renovators, and developers will all be very attracted to this solid full brick complex of twelve apartments, representing an extremely rare opportunity to acquire a potential-packed income generating asset in the heart of Lakemba. All units are currently tenanted to earn immediate rental
- 12 x two-bedroom, one-bathroom apartments to be sold in one line
- R4 High Density Zoning, Potential full income of $285,480 gross per annum (approx.)
- Fully functional kitchens plus bathrooms and internal laundries
- Private balconies, elevated views to city, eight garages and four parking spaces
- Outstanding growth and rental scope with solid annual returns
- Potential to further update apartments and increase rental yield
- 700m walk to Lakemba Heavy Rail/ Future Metro Station, multiple bus stops
- Easy access to major arterial roads such as M5 or M4 to CBD and airport
- Stone's throw away from ALDI, eateries, schools and shops
- Scope to explore development possibilities to fully capitalize (STCA)