BLOCK OF 8 STRATA TITLED UNITS WITH SECURED LEASES

1 Wangee Road, Lakemba, 2195

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Contact for PriceFor Sale
  • Ownership Type Unitblock
  • Property Area 0 sqft
  • Bedrooms 14
  • Bathrooms 8
  • Furnished No
  • Last Updated 27th Mar, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 8

Property Overview

Here is your chance to secure an outstanding investment property, in what is becoming very rare you can purchase this boutique block of 8 units with the bonus of secure leases in place with Land and Housing NSW.<br/><br/>The block is made up of 6 x 2 bedroom units and 2 x 1 bedroom units, lock up garage's/car spaces and dual access from the front and rear of the complex. Sitting on 720sqm with R3 zoning the upside potential is tremendous. <br/>Located only 400m from Lakemba station, across the road from Woolworths and walking distance to local schools, places of worship and parklands this truly is a blue-ribbon address. <br/><br/>Features Include:<br/>-Entire block to be sold in one line<br/>-Strata titled <br/>-Secure leases until November 2024 with Land and Housing NSW<br/>-6 x 2 bedrooms<br/>-2 x 1 bedrooms<br/>-4 units with lock up garage, 4 with car spaces<br/>-Internal laundries <br/>-All units with balconies<br/>-Current income $145,000 p/a approx.<br/>

Location on Google Map

1 Wangee Road, Lakemba, 2195

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