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115 Graham Street Berala, NSW 2141

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115 Graham Street,
Berala, NSW 2141

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Rare Opportunity to Secure an Entire Block of 8x2 Bedroom Apartments

An incredibly rare opportunity now exists to secure an excellent investment or development opportunity in a prime location. 8 x 2 bedroom units to be sold in one line, this boutique block offers fantastic renovation or rebuild potential (STCA) or simply keep it as a great investment. It's within walking distance of Berala Public school, Village shops, cafés, restaurants and train station.

- Solid double brick construction set on a 705sqm block (15.24m x 46.28m)
- R4 zoning, 1.7:1 floor space ratio, 18m build height
- Eight neatly presented units, each with two bedrooms
- Mixture of original and updated apartments throughout the block
- Well proportioned living zones lead out to balconies
- Good sized bedrooms, bathrooms offer separate bath and shower
- Undercover carports for all apartments on title
- Half of the apartments offer internal laundries, half with own separate laundries
- Great potential to renovate and add value to existing apartments
- Few minutes from Berala Public School, train station and shopping village
- Resides moments from local parklands and sporting facilities
- Close to TAFE NSW campus, golf clubs and leisure centres

Gross Annual Rental income: $130,000 per annum (approx.)

Water: $1750 p.q (approx.)
Council: $1722 p.q (approx.)

OPEN: SATURDAY 3-3.40PM AND WEDNESDAY 5-5.40PM

Berala, 2141 demographic data

The median household income for Berala is $1,552, 25% lower than Greater Sydney's household income of $2,077. Berala has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 41% of property owners in Berala have a mortgage.

8,757
Population
$1,552 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
04051260...
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115 Graham Street
Berala, NSW 2141

Detailed listing

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