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WHOLE UNIT BLOCK – 6 X 2 BED APARTMENTS – WALK TO STATION & SHOPS – CAMPSIE

9 FLETCHER STREET,
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Overview

  • Updated On:
  • June 26, 2019
  • 12 Bedrooms
  • 6 Bathrooms
  • 6 Garages

AUCTION: SATURDAY 25 MAY 2019; 2:30PM

Contact the listing agent from the link below for further details:
ROBERT R ANDREW


CAMPSIE

  • Campsie is a suburb in the south-western Sydney region, 13 km west of the Sydney Central Business District
  • A vibrant multicultural suburb popular for it’s Asian food precinct
  • Campsie Railway Station is located on the Bankstown line of the Sydney Trains network
  • Major arterial routes include Canterbury Road & the M5 Motorway which provide access to Sydney Airport to the Sydney CBD & Liverpool to Campbelltown
  • Sydney Metro City and Southwest, a new 30km rail line linking with Metro Northwest in Chatswood and then under Sydney Harbour, through the CBD and south west to Bankstown is set to open in 2024. Campsie Station is on this line & will receive major upgrades
  • Campsie is located on the “Sydenham to Bankstown Urban Renewal Corridor” as designated by NSW Planning
  • The population of Campsie in 2016 census is 24,541 with 71.6% born overseas, predominantly from China & Nepal

YOUR OPPORTUNITY

  • Whole Unit block of 6 units to be sold in one line
  • 6 x 2 bedroom units
  • Walk to the station & shops
  • Gross Annual Income: $1123,240 (approx.)
  • Land size is 640sq.m (approx.)
  • Price Guide $2.55 – $2.65 mill (approx.)
  • Your opportunity here is to keep the whole block. With this type of investment, the equity should grow rapidly over time if purchased at the right price as whole unit blocks are very sought after properties
  • Whole blocks of units are great for long term holds:
    1) You have full control of all the units. From the tenants, to maintenance such as cleaning & mowing of the lawns & every other aspect. Simply, you are the body corporate
    2) The rental yields are good, normally higher than the yields on houses
  • Opportunity to add value through further upgrades to the units
  • Opportunity to strata title each unit (subject to council approval) & to sell them individually


CLOCK ON THE LINK BELOW FOR THE CORE LOGIC REPORT:

The information shared with you on this site by Sydney Growth Properties Pty Ltd is general information only, and has not been prepared taking into account the individual circumstances of the person to whom it is given. Intending purchasers, before acting on any information should assess the suitability of any investments in any property in light of their own personal objectives, financial situation & needs. In preparing this information Sydney Growth Properties Pty Ltd has used resources to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. As always, you should obtain appropriate, qualified advice before making any investment decision, because all investments involve risk. The information is shared with you purely for the purpose of property investor education. It does not take into account your personal financial situation or needs.

Documents
Address: 9 FLETCHER STREET
State/County:
Zip: 2194
Country: Australia
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Property Id : 24126
Bedrooms: 12
Bathrooms: 6
Car: 6
Other Features
attic
back yard
balcony
basketball court
concierge
deck
doorman
fenced yard
fireplace
front yard
gas heat
gym
lake view
laundry
ocean view
pool
pound
private space
recreation
roof deck
sprinklers
storage
washer and dryer
wine cellar

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NICK KARAYANIS