79 Redfern Street, REDFERN, 2016, New South Wales

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19737621.full

Subject: 79 Redfern Street, REDFERN, 2016, New South Wales

Auctioned

Auctioned for $2,060,000 (Feb 27, 2018)

Too good to miss with upside

Property ID: 17943939

Excellent opportunity to purchase a 2 storey terrace in a bustling and rapidly evolving part of Sydney City Fringe. Ideal location for the astute purchaser to capitalise on this strategic sought after position comprising of 6 rooms each with a kitchenette. Operating as a registered boarding house potential to refurbish and improve your cash flow, ideal student accommodation, strong letting area, short walking distance to vibrant Redfern/Surry Hills shopping strip, parks, transport link and host of lifestyle amenities. Recession proof and land tax exempt. Hurry to inspect. Will be sold.

Auction on the 17th October 2017

Will be held at Auction Works 50 Margaret Street Sydney at 10.30am

Building / Floor Area120 sqm
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R&H Suburb Profile: Redfern

R&H Suburb SummaryHouses
Number of sales 90
Average Price $1,649,965
Median Price $1,700,000
Median Rental Price $820 p.w.
Change in Rental Rate (5yr) 26 %
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Average Price $834,920
Median Price $950,000
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 23 %
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