42 Meadow Crescent, Meadowbank NSW 2114

Green Real Estate Agency is proud to bring this entire block of units to market for the first time. Sitting on over 1000 square metres of land, the block currently comprises 12 x 1 Bedroom units and presents a number of unique investment and development opportunities. For example, you could add substantial value by developing on the generous land space at the rear or perhaps embark on a larger, modern redevelopment of the entire site (STCA).

This is a rare opportunity to acquire a generous development site in a prime location close to transport and major centres. With substantial income and scope to capitalise on its untapped potential, this is a rare opportunity NOT to be missed.

TOTAL INCOME Current gross rentals $208,000 per annum approx (potential to improve)

OUTGOINGS
Water rates $10,577 pa
Council Rates $6,057 pa

Council: City of Ryde
Location: 15 km north-west of Sydney CBD
Zoning: R4 High Density Residential
Land size 1004sqm approx

Meadowbank is easily accessible by Road, Ferry, Bus and Train.
Transport is the main key to this location with Meadowbank railway station, Rivercat to city or Parramatta and numerous bus transportation options.
Walking distance to Village Plaza Shopping Centre, with easy access to both Top Ryde & Rhodes shopping centre.
300m to Meadowbank Train Station
500m to Village Plaza Shopping Centre
800m to Meadowbank Ferry Wharf
1.5km to West Ryde Market Place
2.6km to Top Ryde Shopping Centre
2.6km to Rhodes Shopping Centre

Auction in rooms: Thursday 25th June 2015 @10.30am
Venue: Commercial Real Estate Auction Centre
Mezzanine level, 50 Margaret Street Sydney 2000

Further information contact us Micheal Green 0409 580 011 or 02 9807 8899

Green Real Estate Agency

Phone 9807 8899 (24 Hours - 7 Days a Week)