1-6/31 Gibbons Street, Auburn NSW 2144

SOLD $3,310,000 AT AUCTION BY RICHARD MATTHEWS REAL ESTATE! $310,000 ABOVE RESERVE PRICE

Offering a rare opportunity for the astute investors, this well maintained block of six beautifully renovated apartments are being offered to the market in a one line sale. With each home showcasing a seamless two bedroom floor plan, all apartments have been beautifully renovated throughout. Positioned in a highly sought after Auburn location just moments to a myriad of amenities, the complex is set on a grand 739.8sqm parcel of land with a 15.24m frontage. Take advantage of the additional bonus of the ideal R4 Zoning in a prominent locale, this excellent opportunity also appeals to the developer. With existing tenants in all 6 units currenting residing on site and offering strong rental return and income. This is a special investment.

• Entire complex of six apartments being offered for sale in one line
• R4 Zoned with development opportunity (subject to council approval)
• Set on 739.8sqm block with a 15.24m frontage
• All six units have been completely renovated with new kitchens, new bathrooms and new flooring
• All six units are currently tenanted with a strong rental return and immense capital growth potential in a vibrant growing area
• All six units are two bedroom floor plans with one bathroom, one car space and internal laundry each
• Features: Split reverse cycle air conditioning and intercoms
• Low maintenance boutique complex
• Prime & Prominent Location: Approx 5 minutes walk to Auburn Train station. Moments to Auburn Park, Auburn Central Shops, St Joseph's Hospital, multiple shopping outlets and highly sought after schools