28 Barnsbury Grove, Dulwich Hill, NSW 2203

  • 12
  • 8
  • 5

Auctioned

Auctioned for $3,560,000 (Jul 09, 2019)

Rare Offering Entire Block of 8 Units

This property presents a rare opportunity to secure a block of eight units which are to be sold in one line. Set on 556 sqm of land, the boutique complex comprises four one-bedroom units, four two-bedroom units, and five parking spaces. The property is currently providing returns of approximately $158,000 p/a approx. with good potential for future growth. Ideally located, the complex is positioned in a sought-after pocket of Dulwich Hill. It is conveniently located an easy level walk from village shops, eateries, and cafes and just 800m from Dulwich Hill Station which offers CBD train and light rail services.

Total annual rent income is approximately $158,000

Positioned on 556 sqm of lane, R1 residential zoning

Building comprises 4 x one bed and 4 x two bed apartments

High demand location attracting strong interest from potential tenants

800m from Dulwich Hill train and light rail stations

Easy level walk to village shops, eateries, and cafes

Local schools, leafy parklands, and recreation facilities close by

Suburb Profile: Dulwich Hill, 2203

Dulwich Hill is a residential suburb in the Inner West of Sydney; 9 kilometres south-west of the Sydney CBD. The area and surrounds have gained a reputation as an ideal place to live thanks to excellent lifestyle amenities, cultural diversity and affordable real estate. 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. Dulwich Hill is serviced by several major bus routes and Dulwich Hill Station has regular train and light rail services.

Agent: Youseff Chmait 0418 291 818

Luke Smith 0416 281 577

Raine&Horne Marrickville 02 9560 7599

http://www.raineandhorne.com.au/marrickville

Auction: Tuesday 9th July 2019 at 10.30am

Auction Works – 50 Margaret Street, Sydney

We Know Your Area
R&H Suburb Profile: Dulwich Hill

R&H Suburb Summary Houses
Number of sales 74
Average Price $1,622,507
Median Price $1,600,000
Median Rental Price $690 p.w.
Change in Rental Rate (5yr) -1 %
R&H Suburb Summary Units
Number of sales 115
Average Price $798,871
Median Price $792,000
Median Rental Price $465 p.w.
Change in Rental Rate (5yr) 6 %
Dulwich Hill, NSW - Median Trend
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