Overview
- Updated On:
- July 21, 2019
- 16 Bedrooms
- 8 Bathrooms
- 0 Garages
AUCTION: SATURDAY 22 JUNE 2019; 12:00PM
Contact the listing agent from the link below for further details:
LJ HOOKER DRUMMOYNE/CROYDON
STRATHFIELD
- Blue Chip suburb
- Strathfield is an inner west suburb of Sydney, located 12kn from the Sydney Central Business District
- Strathfield CBD consists of Strathfield Plaza Shopping Centre, cafes, restaurants & Strathfield Railway Station
- The adjacent Burwood CBD consists of Westfield Shopping Centre Burwood, Burwood Plaza, cafes & restaurants
- Strathfield Railway Station is a major interchange on the Sydney Trains and NSW TrainLink networks and for buses serving the inner west
- A multitude of excellent Tertiary Institutions such as The Australian Catholic University, Santa Sabina College, St Patricks College, Strathfield Girls High School & Trinity Grammar Preparatory School
- Strathfield has a population of 25,813 (2016 census) with 62.6% of people born overseas with a predominant Chinese & South Korean population
YOUR OPPORTUNITY
- Whole block of units
- 8 x 2 bed apartments
- Land size is 923.1sq.m (approx.)
- All units have a lock up garage
- Walk to Strathfield & Homebush stations
- 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
CLICK ON THE LINK BELOW FOR THE CORE LOGIC REPORT:
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