Newtown

66 Station Street, Tempe, NSW 2044

  • 4
  • 2

Auctioned

Auctioned for $1,261,000 (Nov 26, 2022)

Versatile property package with huge potential

Currently configured as two separate apartments, this original Federation property holds huge untapped potential to further enhance or redesign to truly capitalise on its fast-growing inner west location. Set on a prime 275sqm corner block with dual street access, it offers so many options with scope to use as an investment with solid returns, a home plus income or a great renovation project, all subject to council approval (STCA). This is a unique prospect with a big future and is well-located less than 200m to Tempe station and about the same distance to parklands along Cooks River.

• A solid freestanding brick home with a classic Federation facade

• Two separate two-bedroom apartments both with private entry

• Both apartments are tenanted and earning immediate income

• Potential to use as a dual living investment with solid rental returns

• A private and sunlit backyard with outbuilding and access from Quarry St

• Scope to upgrade or transform into a single-family residence (STCA)

• Set in a popular street convenient to Tempe Station & the Cooks River cycleway

Duncan Gordon
Director
Michael Wyatt
Sales Executive
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Property Info:
  • Property ID: L20814197
  • Property Type: House
  • Land Area: 275.9 sqm
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R&H Suburb Profile: Tempe

R&H Suburb Summary Houses
Number of sales 55
Average Price $1,407,209
Median Price $1,400,000
Median Rental Price $800 p.w.
Change in Rental Rate (5yr) 23 %
R&H Suburb Summary Units
Number of sales 3
Average Price $964,167
Median Rental Price $510 p.w.
Change in Rental Rate (5yr) 11 %
Tempe, NSW - Median Trend
$1,400,000
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