Land approx 7.62 × 41.02m. First time offered for sale in over forty years is a property representing a unique and outstanding opportunity for an astute investor and/or builder requiring capital growth coupled with potentially high rental returns and loads of potential for redevelopment. This property contains 7 council approved bedrooms forming five apartments with kitchenettes, three bathrooms plus extra shower. This property may have potential to be used as a Bed+Breakfast, boutique Backpackers Accommodation or hostel, subject to Council consent.
An ideal investment so close to the city, transport and all amenities.
|R&H Suburb Summary||Houses|
|Number of sales||116|
|Median Rental Price||$825 p.w.|
|Change in Rental Rate (5yr)||6 %|
|R&H Suburb Summary||Units|
|Number of sales||47|
|Median Rental Price||$495 p.w.|
|Change in Rental Rate (5yr)||4 %|
Annandale Public School
|25 Johnston Street Annandale NSW 2038||Primary||Government||0.2 km|
St Brendan's Catholic Primary School
|30 Collins Street Annandale NSW 2038||Primary||Non-Government||0.38 km|
St Fiacre's Catholic Primary School
Leichhardt Public School
|101-105 Norton Street Leichhardt NSW 2040||Primary||Government||0.78 km|
|Bridge Road School||127 Parramatta Road Camperdown NSW 2050||Special||Government||0.8 km|
"Distance" is a straight line calculation. Please contact your desired school to establish it's catchment area.