Stanton Hillier Parker in conjunction with Ray White Commercial are delighted to offer for sale 30 Railway Parade, Fairfield via Public Auction at 10.30am on Tuesday 10 December 2019 at auctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.
This presents a remarkable opportunity to acquire this entire block of 12 units in one line freehold investment with future strata-subdivision and development potential (STCA).
Situated within walking proximity to the thriving Fairfield Town Centre and Railway Station, the units are presentable with the potential for works to be carried out to increase the property's return.
Additional highlights of the opportunity are outlined below:-
Entire block of 12 units (all 2 bedroom units)
12 on grade car spaces, one for each unit
Total land area of 1252 sqm*
Potential gross income of $200,408*
Efficient floor plan layouts
Short walk to Fairfield Train Station, approximately 570m* away
Currently zoned R4 High Density Residential
Ability to strata and sell-down, reposition and increase rent or hold and redevelop (STCA).
* Approx.
For further information or to arrange a time to inspect, please call:
Ned Mannoun, Stanton Hillier Parker - 0425 252 505
Eugene Evgenikos, Stanton Hillier Parker - 0427 778 899
Victor Sheu, Ray White Commercial - 0412 301 582