Conveniently located in Marrickville, these two homes are set on a substantial 543sqm block of land (approx.) and are to be sold in one line. Each art deco residence offers two bedrooms, a sunroom, and off-street parking and are currently rented with returns of approximately $63,000 per annum. The property holds enormous potential for buyers to explore a range of future options – rent, renovate, redevelop (subject to council approval). Peacefully positioned in a sought-after Marrickville enclave, the home is within easy distance of renowned local attractions; a short walk to trendy cafes, mouth-watering eateries, leafy parklands, and renowned local schools.
Two homes to be sold in one line on combined 543.8sqm of land (approx.)
Each art deco residence comprises two bedrooms, sunroom
Enormous potential to explore a range of development options
Current combined rental income is $63,000 per annum (approx.)
Trendy cafes, a diverse array of eateries, speciality shopping close by
Walk to buses, city train services, leafy parklands, popular local schools
Suburb Profile: Marrickville, 2204
Marrickville has gained a reputation as an ideal place to live thanks to its excellent lifestyle amenities, cultural diversity, and handy transport links. Adding to the area’s popularity has been the recent increase in new cafes, wine bars, and specialty stores that has given the area a hip, eclectic feel. Marrickville is located just 7km south west of the CBD, 6km from Sydney Airport and is central to the very best of the inner west.
Agent: Filippo D’Arrigo 0416 118 621
Raine&Horne Marrickville 02 9560 7599
https://www.raineandhorne.com.au/marrickville
Luke Smith 0416 281 577
Raine&Horne Commercial 02 9572 8855
https://www.rhcommercial.com.au/southsydney
Auction: Tuesday 15 October 2019 at 10.30am
auctionWorks, 50 Margaret Street, Sydney
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 200 |
Average Price | $1,518,665 |
Median Price | $1,435,000 |
Median Rental Price | $720 p.w. |
Change in Rental Rate (5yr) | -1 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 230 |
Average Price | $866,230 |
Median Price | $811,250 |
Median Rental Price | $450 p.w. |
Change in Rental Rate (5yr) | 0 % |
17a George Street, Marrickville,
New South Wales, 2204