51 Marion Street,
Leichhardt, NSW 2040

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Key property information

Land area

Floor area

Property extent

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Map of 51 Marion Street

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Fully Leased Unit Block Investment in Leichhardt

8x1 bedroom & 2x2 bedroom
Gross floor area of 426sqm*
Fully leased investment

I.B Property are pleased to present 51 Marion Street, Leichhardt, a secure residential unit block investment with superb growth potential in a tightly held suburb. The property is a two storey full brick residential unit block that comprises of 8 x 1 bedroom and 2 x 2 bedroom apartments. Commanding a large building area of 426sqm*, the property features well proportioned apartments with sunbathed interiors. Located less than 300m* from Norton Street retail strip, the property is close to numerous cafes, restaurants, shops and amenities.

Key Highlights:

• Full brick residential unit block comprising 8 x 1 bedroom & 2 x 2 bedroom apartments
• Fully leased residential unit bock investment
• Outstanding location only moments from the thriving Norton Street retail strip
• Opportunity to strata divide and sell down
• Gross floor area of 426sqm*
• Opportunity to value add or rental reversion through renova-tion
• Net income of $150,271 per annum*

*approx.

For more information or to organise a private inspection, please contact the exclusive selling agents.

Leichhardt, 2040 demographic data

The median household income for Leichhardt is $2,673, 29% higher than Greater Sydney's household income of $2,077. Leichhardt has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 58% of property owners in Leichhardt have a mortgage.

15,158

Population

$2,673 per week

Median household income

37 years

Median age

Owners

Most residents

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Most households