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79 Macdonald Street Lakemba, NSW 2195

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79 Macdonald Street,
Lakemba, NSW 2195

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Map of 79 Macdonald Street

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Why buy 1 when you can buy all 11

  • Entire complex of 11 units
  • All 2 bedrooms
  • Potential income of circa $174,980
Colliers is excited to present an increasingly sought-after opportunity to capture a great cash investment with an automatic divestment strategy within tightly held South Western region.

79 Macdonald Street consists of 11 semi renovated apartments on a well maintained 1058m² block with 6 secure single garages and 5 parking spaces.

Set within proximity to the Lakemba commercial precinct, Macdonald Street offers the astute investor a low risk and diverse income stream underpinned by its unique offering to purchase an entire complex of strata title units

Key Highlights:
• 11 x 2-bedroom units
• Potential fully leased income of circa $174,980 per annum
• New carpets and fresh painting in some of the units
• Significant land holing of 1058m²
• 900m to Lakemba station
• Semi Renovated kitchen and bathrooms
• Strata titled complex

To be Sold via Public auction on Thursday 9th December 2021 at 10:30am at Dexus Place Level 5, 1 Margaret Street, Sydney

For further information or to arrange an inspection please contact the exclusive agents

*Approx

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Lakemba, 2195 demographic data

The median household income for Lakemba is $1,227, 41% lower than Greater Sydney's household income of $2,077. Lakemba has a younger age profile compared to the rest of Greater Sydney (median age 32 vs 37). Property ownership data shows 47% of property owners in Lakemba have a mortgage.

17,092
Population
$1,227 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
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79 Macdonald Street
Lakemba, NSW 2195

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