54-56 City Road,
Chippendale, NSW 2008
Please contact the exclusive listing agents
Key property information
Map of 54-56 City Road
Train stations within 5 km of 54-56 City Road, Chippendale, NSW 2008 Distance Redfern Station 709 m Central Station 1.3 km Macdonaldtown Station 1.4 km Erskineville Station 1.7 km Museum Station 1.8 kmPOWERED BY HERE © Tram stops within 5 km of 54-56 City Road, Chippendale, NSW 2008 Distance Exhibition Centre Light Rail 1.1 km Paddy's Markets Light Rail 1.2 km Glebe Light Rail Station 1.2 km Central Station Light Rail 1.2 km Capitol Square Light Rail 1.3 kmPOWERED BY HERE © Bus stops within 5 km of 54-56 City Road, Chippendale, NSW 2008 Distance City Rd Opp Myrtle St 69 m City Rd at Knox St 159 m Victoria Park, Broadway 201 m City Rd After Cleveland St 263 m Broadway Shopping Centre, Broadway 277 mPOWERED BY HERE ©
Two Freehold Assets at the Gateway to Sydney CBD
- Two adjoining commercial terraces
- Prime CBD fringe location
- Strong income with upside
Property features include:
• Total land area - 360 sqm*
• Secure income, low maintenance residential investments
• Two as new high quality boarding house investments comprising 17 high quality studio apartments, with some featuring balcony views of Victoria Park and University of Sydney
•Significant $197,860 gross passing income per annum
•Tenanted with staggered expiry profile
•Potential to re-position both properties into large freehold homes, taking advantage of the booming housing market.
•Rear lane access on Myrtle Lane
•Walking distance Central Station, Central Park, Broadway shopping centre, UTS and USYD.
For further information please contact the exclusive listing agents listed.
Property ID: 503842110Last Updated: 24 Jun 2021