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CBRE - Sydney

45-49 Lyons Road Drummoyne, NSW 2047

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45-49 Lyons Road,
Drummoyne, NSW 2047

Other • Development Sites & Land

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Sale - Auction Tue 7 Apr

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CBRE - Sydney
45-49 Lyons Road
Drummoyne, NSW 2047
CBRE - Sydney
Nicholas Heaton
Matthew Fenn

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000

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THREE APARTMENT BLOCKS IN-ONE-LINE

  • 12 x two-bedroom apartments
  • Combined Land area of 1,632sqm*
  • Total NLA of 756sqm
CBRE are pleased to present 45-49 Lyons Road, Drummoyne.

45-49 Lyons Road, Drummoyne comprises three brick apartment blocks to be sold in-one-line with each block containing 4 x 2-bedroom units. All three buildings include a communal courtyard and are almost identical, with the majority of the units being renovated and each featuring a kitchen, bathroom and laundry.

45-49 Lyons Road benefits from the following key attributes:

- Three apartment blocks to be sold in-one-line
- 12 x two-bedroom apartments
- Combined land area of 1,632sqm* with an NLA of 756sqm*
- Fully leased gross income: $266,670 per annum*
- Amalgamated development upside (STCA)
- Refurbishment and strata subdivision potential (STCA)
- Premium location within a rapidly growing area
- Moments to Drummoyne waterfront, oval, parks, schools and amenity

The property will be sold via public auction on Tuesday, 7th April 2020 at 12.00pm at AuctionWORKS.

*approximate

Property ID: 503508554Last Updated: 28 Mar 2020

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CBRE - Sydney
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000
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Nicholas Heaton

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Nicholas Heaton
CBRE - Sydney
45-49 Lyons Road Drummoyne, NSW 2047

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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