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3 Eastbourne Road
Homebush West NSW 2140
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Sold on 3 Mar 2022

3 Eastbourne Road Homebush West NSW 2140

  • Other
  • 843 m²
  • Sold

SECURE APARTMENT BLOCK INVESTMENT IN HOMEBUSH WEST

  • 5 Units with 5 Car Spaces
  • Gross Passing Income of $106,600 p.a*
  • R3 Medium Density Residential zoning

CBRE as the exclusive sales agent is pleased to present 3 Eastbourne Road, Homebush West. The property is a secure freehold apartment block investment comprising a total of 5
apartments plus parking for 5 cars with storage. 3 Eastbourne Road offers a desirable mix of 2 x 3 bedroom, 2 x 2 bedroom and 1 x 1 bedroom apartments, totalling 401sqm* of NSA
across three storeys. With a gross passing income of $106,600 per annum*, 3 Eastbourne Road represents a secure investment opportunity.

3 Eastbourne Road commands a substantial 843sqm* land holding and boasts favourable planning controls, allowing for significant value-add opportunities and potential development
upside (STCA). The property provides prospective purchasers with the ability to strata-down the apartments and sell them individually, or hold as a secure investment.

Located in the heart of Homebush West, 3 Eastbourne Road offers amenities at its doorstep, within close proximity to Homebush West Public School, Sri Karphaga Vinayakar Temple, Flemington Train Station, Sydney Markets, DFO Homebush and Sydney Olympic Park.

3 Eastbourne Road, Homebush West benefits from the following key attributes:
- Total of 2 x 3 bedroom, 2 x 2 bedroom & 1 x 1 bedroom apartments, with parking for 5 cars
- Secure Investment Opportunity with gross passing income of $106,600 p.a*
- Generous land offering of 843sqm* with NSA of 401sqm*
- Pre-eminent location within walking distance to Homebush West Public School, Sri Karphaga Vinayakar Temple, Flemington Train Station and Sydney Markets
- Desirable R3 Medium Density Residential zoning
- Ability to refurbish, revert rents and hold, strata and sell down or redevelop and convert (STCA)

3 Eastbourne Road, Homebush West is to be sold via an On-Site Auction on Thursday, 3 March 2022 at 2pm.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate

Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.

CBRE Western Sydney
CBRE Western Sydney
Level 4/10-14 Smith St
Parramatta, NSW 2150

Property Highlights

Date Sold3 Mar 2022
Floor Area843 m²
Land Area843 m²
ParkingOn site parking available
Property ID2017563490
Category
Last updated  29 Nov 2022
Map for 3 Eastbourne Road Homebush West NSW 2140
CBRE Western Sydney
CBRE Western Sydney
Level 4/10-14 Smith St
Parramatta, NSW 2150

Property Highlights

Date Sold3 Mar 2022
Floor Area843 m²
Land Area843 m²
ParkingOn site parking available
Property ID2017563490
Category
Last updated  29 Nov 2022

Co-Agents

Jacob Shalala
Jacob Shalala
CBRE Western Sydney
Call
0422 654 885
Danyon Mannix
Danyon Mannix
CBRE Western Sydney
Call
0413 729 727
Alex Mirzaian
Alex Mirzaian
CBRE Western Sydney
Call
0400 523 523

More about 3 Eastbourne Road Homebush West NSW 2140

3 Eastbourne Road Homebush West NSW 2140 is categorized as Other Property. It has a floor area of 843 m² and a land area of 843 m². The listing ID for this property is 2017563490.

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