$1,720,000
4 Bed • 4 Bath • 0 Car • 316m²
New
Sold
Sold
21 Reserve Street, Annandale NSW 2038
$1,720,000
- 4Bed
- 4Bath
- 0 Car
- 316m²
Block of Units Sold on Thu 19 Nov, 2020
What's around Reserve Street
Block of Units description
“SOLD”
Investors and or families will be highly impressed with this boutique complex of four apartments that represents a value-packed opportunity earning excellent cashflow and is in great condition, ready for immediate occupation. It also has the potential to be returned to its original beauty with some modern upgrades. Held closely by the same family for more than 60 years, the property offers a superb income generating prospect or with some conversion, a quality family residence.
Features:
- 4 x 1-bedroom apartments
- Outstanding growth and rental scope with excellent annual returns
- Potential to be converted back to a generous family home
- Fresh and bright interiors are recently refreshed and newly painted
- Set on a deep north facing block with parking for multiple cars
- Potential to further update or redesign and increase rental yield
- Quietly positioned within a stroll to Annandale's cafe and dining scene
Land Size: 316sqm
Water Rates: $910 pq
Council Rates: $904 pq
Figures are approximate only.