1-4, 5 Albert Street,
Berala, NSW 2141
Development Sites & Land
Price information
Sold
$1,340,500
Key property information
Land area
Sold on
Map of 1-4, 5 Albert Street
Sold At Auction - Entire Block Of 4 … To Be Sold In One Line
Laing + Simmons Parramatta Group are pleased to offer this block of four units at 5 Albert Street Berala, for sale by way of Public Auction on the 8th of August 2020.
Tightly held with one family for many years, the building is a 1960’s 2 storey of double brick construction consisting of 4 apartments all with balconies on a well maintained 455.3m2 block with ample street parking and shared laundry facility.
Set within close proximity to Berala, Lidcombe and Auburn Town Centres, 5 Albert Street Berala offers the astute investor a low risk, affordable investment with a solid income stream underpinned by excellent surrounding amenities. Albert Street represents a rare value proposition within a tightly held western Sydney region, presenting purchasers the opportunity to capture a secure cash investment for years to come.
Key Investment Highlights Include:
- Significant land holding of 455.3m2
- Total of 4 apartments
- Fully leased potential gross income $69,420* per annum gross
- 2x 1 bedroom apartments
- 2x 2 bedroom apartments
- Strong rental history
- Full brick construction
- All with balconies
- 1 km to Berala Station
- 1.5km to Lidcombe Station
- 2km to Auburn Station
- Must be sold
Tightly held with one family for many years, the building is a 1960’s 2 storey of double brick construction consisting of 4 apartments all with balconies on a well maintained 455.3m2 block with ample street parking and shared laundry facility.
Set within close proximity to Berala, Lidcombe and Auburn Town Centres, 5 Albert Street Berala offers the astute investor a low risk, affordable investment with a solid income stream underpinned by excellent surrounding amenities. Albert Street represents a rare value proposition within a tightly held western Sydney region, presenting purchasers the opportunity to capture a secure cash investment for years to come.
Key Investment Highlights Include:
- Significant land holding of 455.3m2
- Total of 4 apartments
- Fully leased potential gross income $69,420* per annum gross
- 2x 1 bedroom apartments
- 2x 2 bedroom apartments
- Strong rental history
- Full brick construction
- All with balconies
- 1 km to Berala Station
- 1.5km to Lidcombe Station
- 2km to Auburn Station
- Must be sold
Property ID: 503599466Last Updated: 11 Oct 2020
Laing+Simmons Commercial - Parramatta
259 Church StreetPARRAMATTA, NSW 2150
1-4, 5 Albert Street
Berala, NSW 2141
Laing+Simmons Commercial - Parramatta259 Church Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Laing+Simmons Commercial - Parramatta
Other properties you might be interested in based on the location and property type you are looking at.