16 William Street, Leichhardt, New South Wales, 2040

  • 14
  • 12

Sold

Sold for $3,865,000 (Apr 11, 2018)

WHOLE BLOCK OF UNITS IN THE HEART OF LEICHHARDT

This charming traditional block of 12 apartments including lovingly preserved features and leafy outlook, provides a golden opportunity for investment in the highly sought after Leichhardt precinct and only moments away from eclectic Norton Street.

Set upon a generous 771sqm2 block, within walking distance to local shops, cafes, transport and schools. This rare opportunity offers supreme potential allowing the purchaser a multitude of flexible options as a standalone investment with strong returns and potential capital growth.



  • 2x 2 bedroom units and 10x studios

  • low maintenance full brick building with off street parking

  • fully tenanted

  • scope to add value – opportunity plus

    Land size: 771m2

    Gross rental income: $2,862 pw or $148,824pa

    Council rates: $1,884.75pq

    Water rates: $2,063.52pq

    Insurance: $3,577.10pa

    Electricity: $952pa

Property Info:

  • Property ID: 18700665
  • Property Type: BlockOfUnits

We Know Your Area

R&H Suburb Profile: Leichhardt

R&H Suburb Summary Houses
Number of sales 177
Average Price $1,337,248
Median Price $1,260,000
Median Rental Price $800 p.w.
Change in Rental Rate (5yr) 14 %
R&H Suburb Summary Units
Number of sales 90
Average Price $866,041
Median Price $812,500
Median Rental Price $590 p.w.
Change in Rental Rate (5yr) 19 %
Leichhardt, NSW - Median Trend
  • 16 William Street, Leichhardt,
    New South Wales, 2040