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WHOLE UNIT BLOCK – 6 X 2 BED UNITS – EXCELLENT LOCATION – RANDWICK

24 OBERON STREET,
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Overview

  • Updated On:
  • February 15, 2019
  • 12 Bedrooms
  • 6 Bathrooms
  • 6 Garages

AUCTION: TUESDAY 18 SEPTEMBER 2018; 10:30AM

Contact the listing agent N G Farah from the link below for further details:
N G FARAH


RANDWICK

  • Randwick is a suburb in eastern Sydney located 6km south east of the Sydney Central Business District
  • Forms part of the Local Government Area of Randwick
  • A sought after Eastern Suburbs location on the city fringe
  • A huge economic driver, the main campus of The University of New South Wales is located in Kensington on Anzac Parade, directly adjacent to Randwick. The University has a population of approximately 55,000 students
  • The Randwick Racecourse is a popular drawcard
  • The Prince of Wales Hospital is located in Randwick
  • Easy access to the Sydney CBD by bus services & the impending light rail
  • The main commercial precinct is located along Belmore Rd
  • Close by to Eastern Suburbs beaches such as Bondi, Coogee & Maroubra
  • The population of Randwick is 29,986 (2016 census) with 51.7% of the population born in Australia
  • Of the population not born in Australia, there is a predominant English & Irish population

YOUR OPPORTUNITY

  • Prime Location in Randwick
  • Whole Unit block of 6 units to be sold in one line
  • 6 x 2 bed units with internal laundries
  • Gross Annual Income: $168,424 (approx.)
  • Land size is 414sq.m (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 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 upgrades to the units
  • Top location; walk to Randwick Shopping Village, The Spot, UNSW & Prince of Wales Hospital
  • Easy access to Coogee Beach

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.



CLICK ON THE LINK BELOW FOR THE CORE LOGIC REPORT:

Documents
Address: 24 OBERON STREET
State/County:
Zip: 2031
Country: Australia
Open In Google Maps
Property Id : 20383
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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