1-14/70 Wigram Road, Glebe NSW 2037

Recognised as one of the finest apartment buildings in Sydney's sought after City fringe, "Ravenscourt", exudes rarity and superb architectural design.

The property presents an unrivalled opportunity for the astute investor with an eye for detail, and return, to acquire a prime single ownership apartment building containing 14 strata titled apartments.

The building's highlights include:

-14 self-contained, fully furnished, strata titled apartments.
-Master craftsman built and restored with superb street appeal and presence, impeccable finishes and modern appliances.
-Moments away from all amenities, Sydney University, Glebe Point Road, Harold Park Tramsheds, foreshore parks, Bays Precinct, RPAH, UTS and Inner West/City vibrant pubs, bars, restaurants and coffee shops.
-Numerous close by public transport options including light rail to the City
-Land size 658 sqm. Zoned R1 residential.
-Fully leased gross income of circa $550,000 per annum approx. with low outgoings
-Onsite parking, significant building depreciation deductions.
-Suitable for investors, SMSF, Govt Departments, or other institutional owners who would seek control over the building for a range of uses.
-Benefit from future capital growth & compounding uplift from the 14 strata titled apartments

Land size: 660sqm, approx.