Sold

200 Excelsior Parade,
Toronto 2283, New South Wales

16 bedrooms
16 bathrooms
2,644m² land size
Apartment

$2,400,000


Property details

4 X FREESTANDING BLOCKS OF 4 UNITS

Great opportunity exists - positioned on the fringe of the vibrant Lake side township of Toronto. Toronto is the largest town on the western side of Lake Macquarie. It is a picturesque retail hub offering easy access to both Newcastle and Sydney by both the M1 Motorway & Rail.

Positioned close to the Watagan's National Park & the famed Hunter Valley Wine Region it makes sense to add an investment like this to your property portfolio.

* 4 apartment blocks, all on 1 title, each block consists of 4 units = 16 units in total
* All 16 units are 1 bedroom, some with lofts allowing for extra living & storage space.
* All bedrooms with built-ins & natural gas connected to all units.
* A mix of units with open or partially covered deck/veranda's
* Laundries in each unit are incorporated into the bathroom.
* Plenty of car spaces
* Located within a 600m walk to Toronto CBD, Coles, Woolworths, Aldi, cafes, restaurants, Doctors, chemists, waterfront reserve parkland, swimming baths, jetty and boat ramp etc
* 600m to public transport

Additional highlights of the asset include:
* Vibrant lakeside suburb
* All units private with green leafy outlook
* Short walk to local shops, cafes, restaurants, waterfront parkland etc
* Easy access to public transport
* Current Total Rent Return $244,400.00 pa
* Potential Rent Return $256,360.00 pa
* Floor plan available on request

From all of us at Ray White Toronto - Warners Bay - Wangi Wangi - North Lake Macquarie, we wish you every success in the search for your next property. If you would like more detail on this or to chat about one of the many other properties we have available please call or email us today..

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document

Explore the area


School catchments

  • Toronto Public School Primary K-6 Government 1.0km
  • St Joseph's Primary School Primary K-6 Catholic 1.6km
  • Biraban Public School Primary K-6 Government 2.0km
  • Blackalls Park Public School Primary K-6 Government 2.6km
  • Rathmines Public School Primary K-6 Government 2.8km

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.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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