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Units 1-4, 2B Market Street Drummoyne, NSW 2047

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Units 1-4, 2B Market Street,
Drummoyne, NSW 2047

Development Sites & Land • Other

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Map of Units 1-4, 2B Market Street

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BLOCK OF FLATS

A rare opportunity to secure a block of 4 x 2 bedroom flats built in the 1960's. Located in a quiet street, only 300 metres to waterfront parklands and The Bay Run.
The block has a side driveway with a carport at the rear for 3 cars plus one open car space. Scope to renovate each flat to increase your rental return.

Each flat consists of the following:
* Combined lounge and dining opens to balcony
* Eat-in kitchen with electric stove
* Bathroom with shower over the bath
* Two bedrooms
* Share laundry on each floor
* Area is approx 59m2

Present rental return for 3 flats $44,720 Per Ann (Flat 3 Vacant)

LAND: 521m2 (approx)
LAND TAX: $9,721.33
UCV 2011: $988,333
COUNCIL RATES: $2,823 Per Ann (approx)
WATER RATES: $2,194 Per Ann (approx) + usage

VIEW: Saturdays 3-3.40pm & Thursdays 5-5.30pm


Precautions have been taken to establish accuracy of the information but it does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.

Drummoyne, 2047 demographic data

The median household income for Drummoyne is $2,776, 34% higher than Greater Sydney's household income of $2,077. Drummoyne has an older age profile compared to the rest of Greater Sydney (median age 42 vs 37). Property ownership data shows 45% of property owners in Drummoyne have a mortgage.

12,011
Population
$2,776 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
04182212...
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Units 1-4, 2B Market Street
Drummoyne, NSW 2047

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