Entire block of 8 for sale in one line | 8 x 1 bed| 1 sunroom | 1 bath

A blue-chip opportunity for the investor, developer or SMSF buyer, this entire block of eight is offered in one line presenting a valuable land bank asset ideal as a low-maintenance portfolio addition with a steady income stream, excellent rental demand and capital growth potential. A prime location just 150m to Addison Road's eat street and 900m to Petersham station offers superb walkability with cafes and parks all around and scope to retain as an investment with potential for future strata subdivision (STCA). Classic period features including polished timber floors and ornate ceilings add plenty of charm to the interiors while well-presented interiors make for comfortable living.

- 8 x 1 bedroom apartments, each 40sqm-48sqm internally
- Sunroom/study or small bedroom in each apartment
- Prime landbank, ideal for the developer or SMSF buyer
- Strong rental yields and superb capital growth potential
- Immediate asset with an excellent steady income stream
- Unlock the potential STCA or retain as a solid investment
- Scope to renovate and sub-divide for future resale (STCA)
- Current combined annual income $156,000.00 pa approx
- 371sqm approx, district views from upper level apartments
- Stroll to Addison Road cafes and Organic Food Market
- Walk down Addison Road to Enmore Park and aquatic centre
- 750m walk to Petersham village and Newington College
- Rates: Water $1480pq, Council $2840pq (Both approx.)

Contact Ercan Ersan 0423 941 112
Shaun Stoker 0424 172 217

Our recommended loan broker: Tommy Nguyen (www.loanmarket.com.au/tommy-nguyen)

Explore the area

School catchments

Newington College Secondary K-12 Independent 0.37km
Wilkins Public School Primary K-6 Government 0.38km
Stanmore Public School Primary K-6 Government 0.68km
Newington College - Wyvern House Preparatory School Primary Independent 0.81km
Marrickville High School Secondary 7-12 Government 0.82km
Marrickville Public School Primary K-6 Government 0.83km
NSW School of Languages Secondary Government 0.87km
Petersham Public School Primary K-6 Government 0.90km
St Michael's Catholic Primary School Primary K-6 Catholic 0.90km
Taverners Hill Infants School Primary K-2 Government 1.1km
Fort Street High School Secondary 7-12 Government 1.1km
Lewisham Public School Primary K-6 Government 1.2km
Christian Brothers' High School Lewisham Combined 5-12 Independent 1.3km
St Brigid's Catholic Primary School Primary K-6 Catholic 1.3km
Dulwich High School of Visual Arts and Design Secondary 7-12 Government 1.4km
The Athena School Combined K-10 Independent 1.5km
Casimir Catholic College Secondary 7-12 Catholic 1.5km
St Fiacre's Catholic Primary School Primary K-6 Catholic 1.6km
Leichhardt Public School Primary K-6 Government 1.6km
St Pius' Catholic Primary School Primary K-6 Catholic 1.7km
St Maroun's College Combined K-12 Independent 1.7km
Newtown High School of Performing Arts Secondary 7-12 Government 1.8km
Sydney Secondary College Leichhardt Campus Secondary 7-10 Government 2.2km
Tempe High School Secondary 7-12 Government 2.3km
Trinity Grammar School Bishop Chambers House Combined Independent 2.6km
Trinity Grammar School Combined K-12 Independent 2.6km
Ashfield Boys High School Secondary 7-12 Government 3.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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