1-5, 16 Brown Street,
Newtown, NSW 2042
Development Sites & Land • Hotel, Motel & Leisure • Other
Price information
Sale - Auction Thu 23 May
Auction | Greg Haimandos
Detailed listing
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Map of 1-5, 16 Brown Street
Train stations within 5 km of 1-5, 16 Brown Street, Newtown, NSW 2042 Distance Macdonaldtown Station 342 m Newtown Station 473 m Erskineville Station 647 m St Peters Station 1.3 km Redfern Station 1.5 km POWERED BY HERE ©Tram stops within 5 km of 1-5, 16 Brown Street, Newtown, NSW 2042 Distance Glebe Station 2.1 km Paddy's Markets Light Rail Station 2.6 km Exhibition Light Rail Station 2.6 km Central Chalmers Street 2.6 km Central Station Light Rail 2.6 km POWERED BY HERE ©Bus stops within 5 km of 1-5, 16 Brown Street, Newtown, NSW 2042 Distance King St at Horden St 154 m King St Before Watkin St 180 m King St at Missenden Rd 229 m King St at Erskineville Rd 254 m King St Opp Georgina St 417 m POWERED BY HERE ©
POWERED BY HERE ©
Rare multi-investment with prime positioning
On offer is this exceptional opportunity for investors to secure a grand character property and capitalise on its numerous creative possibilities. This attractive Victorian terrace has been converted into five separate apartments and is well-presented throughout with some recent upgrades and all units are in great condition and earning solid rental returns. This is a rare prospect with ample scope to explore future options and maximise the potential, while the prime location is just a couple of blocks from King Street's major dining, transport and entertainment hub.
• Freestanding building on a generous corner block with dual frontage
• 4 X 1-bed & 1 X 2-bed apartments, each presented in great condition
• Potential income earnings of approx $135,000pa
• Fresh and bright interiors have been well-maintained throughout
• Well-appointed kitchens, great bathrooms and internal laundries
• Two of the units have private access to the leafy rear courtyard
• Unit 3 is a dual-level two-bedder with traditional front balcony
• A short walk to Macdonaldtown station and Erskineville village
• Lots of scope to further update apartments and increase rental yield
• Freestanding building on a generous corner block with dual frontage
• 4 X 1-bed & 1 X 2-bed apartments, each presented in great condition
• Potential income earnings of approx $135,000pa
• Fresh and bright interiors have been well-maintained throughout
• Well-appointed kitchens, great bathrooms and internal laundries
• Two of the units have private access to the leafy rear courtyard
• Unit 3 is a dual-level two-bedder with traditional front balcony
• A short walk to Macdonaldtown station and Erskineville village
• Lots of scope to further update apartments and increase rental yield
Additional information
External websites
Property ID: 504580800Last Updated: 3 May 2024
1-5, 16 Brown Street
Newtown, NSW 2042
Detailed listing
Ray White (IW Group)168 Missenden Road
NEWTOWN, NSW 2042
NEWTOWN, NSW 2042
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