Art Deco Block of Six Apartments
Block of Units
Sold
Property Information
- Land area approx 294sqm
- Council Rates $1144/quarter
- Water Rates $1437/quarter
Property Features
- Toilets 6
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A rare opportunity to own a period boutique block of units in the heart of Annandale. This impeccably maintained Art Deco building features six spacious apartments, offering a mix of one and two-bedroom layouts. The property is uniquely designed with zero common walls, providing privacy and comfort for all residents.
6 units (1-2 bedrooms each), with three apartments located at the front and three at the rear. Mostly renovated, ensuring modern comforts while preserving the building's original charm. All units are currently tenanted, providing an immediate income stream. Centrally positioned, just minutes from public transport and seconds away from local cafes and High Street retail amenities. A sizeable 282 square metre parcel of land. The property generates a current income of approximately $160-170k per annum, with potential for a rental uplift (under current review). UCV (Unimproved Capital Value): $1,470,000. Fully managed, with reasonable rates and utilities. Income 167,752.00 per annum
This well-preserved building is a prime investment opportunity, offering both steady income and the potential for future growth.
Location and Amenities
Nearby Government Schools
Annandale Public School, Bridge Road School, Stanmore Public School, Royal Prince Alfred Hospital School, Annandale North Public School, Leichhardt Public School, Taverners Hill Infants School & Sydney Secondary College Leichhardt CampusNearby Private Schools
St Brendan's Catholic Primary School, St Fiacre's Catholic Primary School, St Michael's Catholic Primary School, Italian Bilingual School, The Athena School, Newington College, St Scholastica's College Glebe Point & St James Catholic Primary SchoolContact Alister Barrett for more information.
Information