Property main details

6
2

Home For Sale

  • Sold For $1,675,000
  • House

Specifications

  • Property Type
    House
  • Land
    164 m2

Investment opportunity

Unique to the market, this property presents a superb investment opportunity in a key location just 650m to Newtown station and within easy walking distance of the University of Sydney campus and the RPA Hospital precinct. A solid income-earner, the two-storey property comes with a 6 month leasehold in place assuring a steady income stream along with rental growth potential ideal for the long-term investor, SMSF buyer or developer. A premium asset class with a future upside, the wide-fronted terrace is in the heart of Sydney's vibrant bohemian culture and a short stroll to Enmore Road's small bar scene and music venues. On a dual access block with a NE facing backyard, the c1900 terrace is set on 164sqm approx in a connected urban village neighbourhood with the buzz of King Street at the top of the street and easy access to the city.

- Property in the heart of Newtown, fully tenanted
- 2 storey terrace with rear lane access and a NE courtyard
- A prime location, 1.5km walk to the University of Sydney
- Low-maintenance and high-yielding investment prospect
- Polished timber floors, high ceilings and fresh interiors
- Large bedrooms designed to share, 2 modern bathrooms
- 2 oversized bedrooms with a study nook or walk-in robe
- Common living/dining area and a bright modern gas kitchen
- High rental demand, ideal for students and medical workers
- Current total rental return $78,000 per annum approx
- Future uplift with scope to generate $110,000 pa approx
- Stroll up to King Street's dining and entertainment hub
- Rates: Water $169pq, Council $461pq (Both approx.)

Contact Timothy Gorring 0438 822 281
Shaun Stoker 0424 172 217

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

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

125 Bedford Street Newtown 2042, New South Wales
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