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Belle Property Commercial - Inner West / City Fringe

79 Stanmore Road Stanmore, NSW 2048

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79 Stanmore Road,
Stanmore, NSW 2048

Hotel, Motel & Leisure • Development Sites & Land • Other

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Belle Property Commercial - Inner West / City Fringe
Rocco Tripodi
Andrew Bozza

Belle Property Commercial - Inner West / City Fringe

Level 1, 2-4 King Street
NEWTOWN, NSW 2042
Belle Property Commercial - Inner West / City Fringe
79 Stanmore Road
Stanmore, NSW 2048

Map of 79 Stanmore Road

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FULLY LEASED RESIDENTIAL INVESTMENT

Belle Property Commercial Inner West in conjunction with Time Realty is pleased to present 79 Stanmore Road, Stanmore for sale by Public Auction. This two storey dwelling comprises of a total of 12 residential tenancies that are at 100% occupancy. In close proximity to Stanmore Station, The University of Sydney and RPA hospital, this is an excellent opportunity to secure a low risk, high income generating asset, that is ideal for capital preservation, in what appears to be in a pro-longed period of low interest rates.

Features:
* Convenient rear lane access
* On-site parking for five (5) cars
* Zoned R2 - Low Density Residential
* Land Area: 433sqm
* Rental income $239,335.71 p.a

The auction will take place on Tuesday, 13th October 2020 at 10:30am
Location: Auctionworks - Mezzanine Level, 50 Margaret Street, Sydney

Stanmore, 2048 demographic data

The median household income for Stanmore is $2,395, 15% higher than Greater Sydney's household income of $2,077. Stanmore has a younger age profile compared to the rest of Greater Sydney (median age 36 vs 37). Property ownership data shows 54% of property owners in Stanmore have a mortgage.

7,619
Population
$2,395 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households

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