Generating substantial income streams this beautifully appointed modern freehold demonstrates the resilience of quality accommodation assets in well located and connected markets such as Newtown.
This commanding freehold property offers:
- 16 Self Contained next generation apartments over three levels is serviced via internal lift and complemented with communal areas
- Ground floor retail shop leased to well renowned local business, Pistou
- Net Income – fully leased basis of $319,581 per annum* with potential to improve significantly
- Building Area of 476 m²*
- Land Area of 342.5 m²*
- Exceptional Modern Design with highly sought-after communal areas and value-add amenities
- Moments to St. Peters Train Station, Sydney’s Tertiary Education precinct and key infrastructure projects
- Positioned within Sydney’s premier lifestyle precinct surrounded by retail, restaurants & cafes
- Diverse & multiple income streams with potential to improve further
