SOLID INVESTMENT OPPORTUNITY

7-9 Davidson St, Greenacre, 2190

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Contact for PriceFor Sale
  • Ownership Type Unitblock
  • Property Area 840 sqft
  • Bedrooms 18
  • Bathrooms 6
  • Furnished No
  • Last Updated 20th May, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 9
  • Secure Parking

Property Overview

Well-presented fresh and bright 3 storey apartment block, rare opportunity for investors, SMSF, companies and the savvy buyer with excellent rental growth potential.<br/><br/>Solid Full Brick Construction<br/><br/>Single Title Sold in one line<br/><br/>Fully updated and renovated<br/><br/>6 x 3 bedroom apartments<br/><br/>9 x car spaces, and 6 x bathrooms Potential strata sub-division and additional improvements to add value<br/><br/>Oversized living area with Air Conditioning and balcony<br/><br/>Combined Bathroom and laundry for each apartment<br/><br/>Low maintenance building with open BBQ family areas<br/><br/>Ideal investment and future development (STCA)<br/><br/>Potential to improve return significantly <br/><br/>Current rental return approx. $124,280 PA with scope for further increases<br/><br/>R3 Zoning – Medium Density (Council – Strathfield)<br/><br/>On the border of Bankstown, Greenacre, Chullora, and Strathfield<br/><br/>Located minutes to schools, shops and transport<br/><br/>Land size 840sqm approx. (flat level block)<br/><br/>Regretful sale but this unique offering must be SOLD!!<br/><br/>For more information, or to obtain a copy of the Information Memorandum please contact Rabie Chehade on 0409 006 900 or by email [email protected]<br/><br/>Property Code: 347

Location on Google Map

7-9 Davidson St, Greenacre, 2190

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