Auction | Price Guide $3.5m
11 Bed • 7 Bath • 0 Car
New
1-7/40 City Road, Chippendale NSW 2008
Auction | Price Guide $3.5m
- 11Bed
- 7Bath
- 0 Car
Block of Units for sale44 days on Homely
Next inspection:Thu 6 Feb 11:30am
Auction date:Thu 20 Feb 6:00pm
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What's around City Road
Block of Units description
“A Superb Victorian Building with 7 Residences”
Only moments from Broadway, UTS, Sydney Uni, Glebe and Newtown, is this grand and unique investment opportunity overlooking Victoria Park. Well appointed throughout, this majestic building offers accommodation over 4 levels and consists of 3 x studios, 2 x 1brs, 1 x 2br and 1 x 4br. The location simply doesn't get much better than this. Generating a strong passive income with ample scope to increase through market reviews or through short term rentals.
• A magnificent and imposing building with stunning wide entrance hall
• Prized position, seconds to the CBD
• A registered boarding house currently operating on longer term leases as a passive investment
• All apartments are self contained
• Sun-drenched rear communal courtyard
• Currently returning $189,020 per annum with scope to increase
Ray White Double Bay - Exceptional Living Begins Here
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
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Melanie Lahoud
Ray White - Double Bay
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