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Commercial, Residential
31-33 Maida Street, LILYFIELD, NSW 2040

Property details

  • Property ID:
    20024
  • EOI:
    EOI Closing 5pm, Thursday 5th December
  • Area:
    873.00 m2 (*approx)
  • Type:

    Commercial:

    Residential: Apartment Sites

  • Development Potential:
    Residential Development Opportunity (STCA)
Agency information
Brad Caldwell-Eyles
Julian Hasemer

Overview

RARE OPPORTUNITY TO ACQUIRE ENTIRE BLOCK OF 18 UNITS (IN ONE LINE) IN QUIET TREE LINED STREET - HARBOUR BRIDGE AND CITY SKYLINE VIEWS & ABUNDANT PARKING

This low maintenance block of 18 apartments is ideally located in a quiet tree-lined pocket, yet perfectly positioned to take advantage of the thriving Inner West lifestyle hubs of Lilyfield, Leichhardt, Balmain, Annandale & Rozelle. Conveniently located in close proximity to cafes & retail, light rail, parks, sporting facilities, schools, child care and the harbour side.

Offering a mix of 1 and 2 bedroom apartments (both renovated and original condition), 12 with balconies and a number of apartments capturing expansive views of the City skyline and Harbour Bridge. Proven rentals with clear uplift for those renovated flats.

Astute investors will see the amazing opportunity to further enhance and to increase upon already excellent rental yield.

Held by the one family for decades - this is a rare opportunity to secure such a solid investment.

+ 12 x 1 bedroom apartments (4 renovated)

+ 6 x 2 bedroom apartments (4 renovated)

+ 29 parking in total (15 x LUG, 9 external tandem spaces and 5 x covered spaces)

+ Security intercom system

+ Close to a multitude of parks and Bays/Harbour access

+ Convenient to restaurants, cafes, schools, transport and lifestyle amenities

+ Consistently rented (currently vacancies are being kept for display during sales campaign)

+ Email for Information Memorandum

* images depict a selection of apartments in the block (both renovated and unrenovated)

Remember to mention you found this property on DevelopmentReady.com.au

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