Australia | Annandale

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72 Albion Street, Annandale, NSW 2038

# Location

Description

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.

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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.

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Alister Barrett

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5 (14 Reviews)

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