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11 Bed  •  5 Bath  •  5 Car  •  460.96m²

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  • 11
  • 5
  • 5
  • 460.96m²

Block of Units for sale35 days on Homely

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Block of Units description

“Block of Apartments - "Value-Add" opportunity.”

THE OPPORTUNITY:
Wills Property has been exclusively appointed to sell 105 Belmont Street, Alexandria, NSW.
Located in Sydney's vibrant inner-city suburb of Alexandria, 105 Belmont Street is a well-located 'value-add' opportunity.
Situated on a 460 sqm site, this two-storey walk-up block comprises:
• 2 x One-bedroom apartments
• 3 x Three-bedroom apartments
• 1 x Commercial space
• 5 x Secure car spaces

The property has three street frontages, with parking access off Belmont Lane.
This fully leased unit block provides a secure income stream. There is a significant value-add and positive rental reversion opportunity through renovation, refurbishment, and repositioning.

Gross passing income: $190,645 (Excl. GST).

METHOD OF SALE:
Auction
4th March 2025
10:30am
auctionWORKS

DISCLAIMER:
All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Council rates

$785 Quarterly

Building details

Area: 510m²

Land details

Area: 460.96m²

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