109 Victoria Road, Punchbowl, NSW 2196

Bedrooms
12
Bathrooms
6
Parkings
6
Type
Block Of Units

Last updated on Monday, June 17, 2024

$2,410,000

109 Victoria Road, Punchbowl, NSW 2196 - More Details

$2,410,000

This impressive block consists of six sturdy double-brick 2-bedroom apartments, each boasting its own parking space, in-unit laundry, and private balcony. Occupying approximately 695sqm of land, this property represents a remarkable investment opportunity with significant potential for value enhancement. Its proximity to local amenities such as schools, shopping centers, and public transportation adds to its appeal. It currently generates an approximate income of $125,000. (Next scheduled increase November 2024” - $500pw each unit totalling $156,000)

Key Features:

• Complete block containing six 2-bedroom units
• Each unit features a balcony, internal laundry, and parking space
• The interiors are well-maintained and designed for low maintenance
• Presents an excellent opportunity for long-term investment or to increase value
• Benefits from low vacancy rates with potential for rental increase
• Conveniently located within walking distance to shops and public transport
• Nearby local educational institutions and parks
• A short drive away from Roselands and Bankstown Centro shopping centers
• Potential rental income of $156,000
• This property is on the market and will be sold!

Financial Details:

Council Rates: $1,350 per quarter approx.
Water Rates: $1070.00 plus usage per quarter approx.
Land Valuation: $1,220,000

This property is not only a sound investment but also offers the chance to capitalize on its potential, making it a must-see for serious investors.

Type
Block Of Units
Bedrooms
12
Bathrooms
6
Parkings
6

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109 Victoria Road Punchbowl NSW 2196

Property FAQs

How many bedrooms does the property listed 109 Victoria Road, Punchbowl, NSW 2196 feature?

109 Victoria Road, Punchbowl, NSW 2196 is a 12 bedroom Block Of Units.

What are the standout features of the 109 Victoria Road, Punchbowl, NSW 2196?

Explore all key property features for 109 Victoria Road, Punchbowl, NSW 2196. Click here to find out more.

What is the total land area and built-up area of the 109 Victoria Road, Punchbowl, NSW 2196?

The total land area and built-up area of the 109 Victoria Road, Punchbowl, NSW 2196 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 109 Victoria Road, Punchbowl, NSW 2196?

109 Victoria Road, Punchbowl, NSW 2196 can accommodated 6 vehicles in the parking area.

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    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

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