Alister Barrett
Agent Name
Australia | Annandale
72 Albion Street, Annandale, NSW 2038
Art Deco Block of Six Apartments A rare opportunity to own a period boutique block of units in the heart of Annandale. This impeccably maintained Art Deco building features six spacious apartments, offering a mix of one and two-bedroom layouts. The property is uniquely designed with zero common walls, providing privacy and comfort for all residents.
-
6 units (1-2 bedrooms each), with three apartments located at the front and three at the rear. -
Mostly renovated, ensuring modern comforts while preserving the building's original charm. -
All units are currently tenanted, providing an immediate income stream. - Centrally positioned, just minutes from public transport and seconds away from local cafes and High Street retail amenities. -
A sizeable 282 square metre parcel of land. -
The property generates a current income of approximately $160-170k per annum, with potential for a rental uplift (under current review). - UCV (Unimproved Capital Value): $1,470,000. - Fully managed, with reasonable rates and utilities. - Income 167,752.00 per annum
This well-preserved building is a prime investment opportunity, offering both steady income and the potential for future growth.
Your monthly budget We use your income and expenses to calculate how much remains each month after you make loan repayments.
Repayments
Expenses
Remaining
Agent Name
To request an inspection