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1-8/18 Denman Avenue, Wiley Park, NSW, 2195

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1-8/18 Denman Avenue, Wiley Park, NSW, 2195

1-8/18 Denman Avenue, Wiley Park, NSW, 2195

Properties / Buy / New South Wales / Wiley Park
Development Potential

1. Property Summary

Property Type
Residential
Sub Type
Apartment Sites
Land Area
766 m² (*approx)
Selling Method
Auction: Sat 23rd September 2023 at 2:00pm
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2. Property Highlights

BLOCK OF 8 APARTMENTS TO BE SOLD IN ONE LINE

Remarkable opportunity to secure a fully leased entire block of 8 x 2BR apartments with rental and development upside.

The property has an existing annual rental income of $137,000 with potential rental upside to increase rents in line with market and current demand to $187,000.

Centrally located to nearby transport, schools, shops and nearby lifestyle requirements.

  • R4 High Density zoning
  • Large level land of 766 sqm approx.
  • All with balconies and internal laundries
  • Solid full brick building
  • Strong rental demand
  • Close to schools, parks and train station
  • Motivated vendor - Will Be sold
  • Investment opportunity not to be missed

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Residential
Sub-type
Apartment Sites
Land Area
766 m² (*approx)
Selling method
Auction: Sat 23rd September 2023 at 2:00pm

2. Property Highlights

BLOCK OF 8 APARTMENTS TO BE SOLD IN ONE LINE

Remarkable opportunity to secure a fully leased entire block of 8 x 2BR apartments with rental and development upside.

The property has an existing annual rental income of $137,000 with potential rental upside to increase rents in line with market and current demand to $187,000.

Centrally located to nearby transport, schools, shops and nearby lifestyle requirements.

  • R4 High Density zoning
  • Large level land of 766 sqm approx.
  • All with balconies and internal laundries
  • Solid full brick building
  • Strong rental demand
  • Close to schools, parks and train station
  • Motivated vendor - Will Be sold
  • Investment opportunity not to be missed

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

1-8/18 Denman Avenue, Wiley Park, NSW, 2195

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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