1 - 9/269 Auburn Road, Auburn NSW 2144

An opportunity not to be missed!!!

A solid full brick block of 9 units to be sold in one line.

Your classic red brick style property built in the late 1970's and as solid as they come.

Currently leased out to some very long term tenants this property has been with the same owner since new.

The block is comprised below -

Unit 1 - 2 bedrooms - 98m2 - lock up garage - Leased at $360 per week, tiled floors, updated kitchen, balcony, internal laundry, Built-ins, updated bathroom.

Unit 2 - 2 bedrooms - 83 m2 - Carspace - Leased at $350 per week, carpet floors, older style kitchen, balcony, internal laundry, Original bathroom.

Unit 3 - 2 bedrooms - 98m2 - Lock up garage - Leased at $330 per week, timber floors, updated kitchen, balcony, internal laundry, updated bathroom.

Unit 4 - 2 bedrooms - 83m2 - Carspace - Leased at $330 per week, tiled floors, updated kitchen, balcony, internal laundry, built-ins, neat original bathroom.

Unit 5 - 2 bedrooms - 102m2 - Lock up garage - Leased at $350 per week, internal laundry, balcony, updated kitchen.

Unit 6 - 1 bedroom - 73m2 - Carspace - (Vacant for selling purposes), Tiled floors, Neat kitchen, updated bathroom, (rent potential $280 per week)

Unit 7 - 2 bedrooms - 97m2 -Carspace - Leased at $300 per week, tiled floors, updated kitchen, built-ins, updated bathroom, balcony, internal laundry.

Unit 8 - 1 bedroom - 73m2 - Carspace - Leased at $260 per week, tiled floors, updated kitchen, built-ins, very neat original bathroom, internal laundry.

Unit 9 - 2 bedrooms - 100m2 - Lock up garage - (Vacant for selling purposes), tiled floors, updated kitchen, internal laundry, very neat original bathroom, built-ins. (Rent potential $360 per week).

A combined gross rent of $151,840 per annum.

Council rates - $2,439.00 per quarter.(Approx).
Water rates - $1,382.00 per quarter.(Approx).
Land Tax - $20,416 per annum. (Approx).

Land is approx 1,103m2.

The potential is endless, keep rented and enjoy the rewards, renovate and sell units individually. A truly great return on investment.

Current rents are conservative with future potential to increase in the not to distant future.

The block is currently 'STRATA TITLED" with NO strata levies.

WILL BE SOLD AT AUCTION - 19TH DECEMBER AT 4PM - ON SITE.