171-175 Rowntree Street,
Birchgrove, NSW 2041
Development Sites & Land
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$3,305,000
Key property information
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Map of 171-175 Rowntree Street
UNDERCAPITALISED BLOCK OF 20 UNITS
Invest in this solid returning entire block of 20 studios located in a prime Birchgrove location with city skyline views. Excellent opportunity to further capitalise through income and renovation or simply enjoy short and long term capital gain.
A truly rare and desirable investment in a key Sydney growth location and suburb.
+ 20 studios, 2 communal kitchens and laundry, 9 car spaces
+ Potential for increased rent and further incomes
+ Potential for renovation and 3 extra studios (STCA)
+ Low cost accommodation provides for Land Tax exemption
+ Land area 380sqm approx (2 street fronts), Building area 500sqm approx
+ Current income $166,000 per annum approx, Potential income $230,000 per annum approx
+ Information Memorandum available on request; 175rowntree@rogermickhail.com.au
A truly rare and desirable investment in a key Sydney growth location and suburb.
+ 20 studios, 2 communal kitchens and laundry, 9 car spaces
+ Potential for increased rent and further incomes
+ Potential for renovation and 3 extra studios (STCA)
+ Low cost accommodation provides for Land Tax exemption
+ Land area 380sqm approx (2 street fronts), Building area 500sqm approx
+ Current income $166,000 per annum approx, Potential income $230,000 per annum approx
+ Information Memorandum available on request; 175rowntree@rogermickhail.com.au
Property ID: 502331250Last Updated: 14 Mar 2017
04146500...
171-175 Rowntree Street
Birchgrove, NSW 2041
Roger Mickhail Property - Drummoyne205 Lyons Road
DRUMMOYNE, NSW 2047
DRUMMOYNE, NSW 2047
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