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Sold
Block_of_units
Another one sold by the Ralph Team....
16 Renown Avenue, Wiley Park, NSW, 2195, Australia
18![Bedrooms Bedrooms](/_nextassets/bed.svg)
9![Bathrooms Bathrooms](/_nextassets/bathroom.svg)
8![Carspots Carspots](/_nextassets/garage.svg)
961 m²![Land size Land size](/_nextassets/landsizeV2.svg)
![Click to load interactive map Map of the surrounding area](https://assets.soho.com.au/production/uploads/location/map/3250435/map_9b152c23-5e8b-43f6-9f32-d534719aed86.png)
Nearest stations
T3
Wiley Park
268M (4 mins)
T3
Punchbowl
912M (11 mins)
T3
Lakemba
1.1KM (14 mins)
About this Property
Tightly held, blue chip investment block of 9 units comprising of 7 x 2 bedroom, 1 x 3 bedroom & 1 x 1 bedroom units in prime location sitting on a healthy 961.1sqm block of land. Some standout features include:
- 7 x 2 bedroom, 1 x 3 bedroom & 1 x 1 bedroom units
- All townhouse style (2 levels) with own private entrances
- All with open plan living & dining areas
- Most units have updated kitchens, some have older style kitchens
- All units have older style bathrooms
- All units have internal laundries
- Solid full brick construction
- 8 units have allocated parking (potential for more)
- Zoned: R3 medium density residential
- Frontage: 15.24m – Land size: 961.1sqm
- Only 550m to Wiley Park shops & train station
- Potential gross return of 6.5% based on projected rental return
The property is under rented and has an existing annual rental income of $186,160 (1 x 2 bedroom unit is vacant) with potential rental upside to increase rents in line with market and current demand to $234,000 (conservatively)
Golden opportunity for the astute investor to capitalise on this wonderful offering and reap the rewards to unlock this properties potential.
Council rates: $8,208 per annum approx.
Water rates: $10,296 per annum approx.
CONTACT: Marc Dissinger 0413 750 868 or marc@ralphfirst.com.au
- 7 x 2 bedroom, 1 x 3 bedroom & 1 x 1 bedroom units
- All townhouse style (2 levels) with own private entrances
- All with open plan living & dining areas
- Most units have updated kitchens, some have older style kitchens
- All units have older style bathrooms
- All units have internal laundries
- Solid full brick construction
- 8 units have allocated parking (potential for more)
- Zoned: R3 medium density residential
- Frontage: 15.24m – Land size: 961.1sqm
- Only 550m to Wiley Park shops & train station
- Potential gross return of 6.5% based on projected rental return
The property is under rented and has an existing annual rental income of $186,160 (1 x 2 bedroom unit is vacant) with potential rental upside to increase rents in line with market and current demand to $234,000 (conservatively)
Golden opportunity for the astute investor to capitalise on this wonderful offering and reap the rewards to unlock this properties potential.
Council rates: $8,208 per annum approx.
Water rates: $10,296 per annum approx.
CONTACT: Marc Dissinger 0413 750 868 or marc@ralphfirst.com.au
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Marc Dissinger
Ralph First Real Estate
+ 61 0413 750 868
Chris Wilding
Ralph First Real Estate
+ 61 0401 334 773
Chris Wilding
Ralph First Real Estate
+ 61 0401 334 773
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More Details on 16 Renown Avenue, Wiley Park NSW
How many bedrooms and bathrooms does 16 Renown Avenue, Wiley Park have?
16 Renown Avenue, Wiley Park is a 18 bedroom, 9 bathroom block_of_units.
Who is the agency that listed 16 Renown Avenue, Wiley Park?
The agency who listed 16 Renown Avenue, Wiley Park is Ralph First Real Estate - you can contact the agents here.
How many car spots does 16 Renown Avenue, Wiley Park have?
16 Renown Avenue, Wiley Park is a 8 car spot home.
How much is 16 Renown Avenue, Wiley Park?
The price of 16 Renown Avenue, Wiley Park is Another one sold by the Ralph Team.... - contact the agents to find out more.