A wonderful opportunity to acquire this prime residential building. Sitting opposite Kensington Oval, this property is superbly positioned on a corner block in the heart of Kingsford and Kensington. Occupying 347sqm (approx) with two street frontages, this well maintained building of four apartments provides a substantial investment opportunity due to the strong rental yield and immense development potential STCA.
Boasting an idyllic location only moments walk to UNSW and the Sydney Light Rail project on Anzac Parade, the property is also conveniently close to Prince of Wales Hospital, Randwick and direct CBD transport.
Fantastic long term investment or strata opportunity (STCA)
- 4 x 2 bedroom plus sunroom apartments
- 4 carspaces - 2 garages & 2 designated spaces
- Low maintenance, apartments in upgraded condition
- Two street frontage on Day Lane & Barker Street
- Perfectly maintained with charming character features
- A rare opportunity with development potential STCA
- Centrally located and very connected transport lines
- Income - Approximately $120,000 gross per annum rental returnLand Size: 347 sqm approx.
Inspection: As Advertised or by Appointment
For a detailed information memorandum please contact the selling agents:
Martin Farah 0418 402 015
martinf@ngfarah.com.au
In Conjunction with Eastside Reality:
George Karabalios 0411 505 111
george@eastsiderealty.com.au
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