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49 Colin Street, Lakemba, NSW 2195 Sold
49 Colin Street, Lakemba, NSW 2195 49 Colin Street, Lakemba, NSW 2195-Floorplan Latest Aerial map Imagery for project 49 Colin Street, Lakemba, NSW 2195

49 Colin Street, Lakemba, NSW 2195

Bedrooms
14
Bathrooms
8
Parkings
8
Area
740m2
Type
Block Of Units

Published on Wednesday, October 11, 2023

$2,715,000

49 Colin Street, Lakemba, NSW 2195 - More Details

$2,715,000

Tightly held, blue chip investment block of 8 units comprising of 6 x 2 bedroom & 2 x 1 bedroom units in prime location sitting on a healthy 740sqm block of land. Some standout features include:

- 6 x 2 bedroom & 2 x 1 bedroom units
- All with spacious living areas
- Most units have large, updated eat-in kitchens
- All units have internal laundry’s & balconies
- Solid full brick construction
- 3 garages & 5 carspaces
- R4 high density zoning
- Frontage: 15.24m – Land size: 740sqm
- Potential gross return of 6.8% based on projected rental return

The property is under rented and has an existing annual rental income of $102,180 (unit 2 is vacant) with potential rental upside to increase rents in line with market and current demand to $173,680 (conservatively)

Golden opportunity for the astute investor to capitalise on this affordable offering and reap the rewards to unlock this properties potential.

Outgoings:
Council rates: $7,100 p/a approx
Water rates: $10,000 p/a approx

CONTACT: Marc Dissinger 0413 750 868 or [email protected]
Type
Block Of Units
Bedrooms
14
Bathrooms
8
Parkings
8
Area
740m2

Historical, Aerial view of properties in a suburb: Lakemba NSW 2195

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49 Colin Street Lakemba NSW 2195

Property FAQs

How many bedrooms does the property listed 49 Colin Street, Lakemba, NSW 2195 feature?

49 Colin Street, Lakemba, NSW 2195 is a 14 bedroom Block Of Units.

What are the standout features of the 49 Colin Street, Lakemba, NSW 2195?

Explore all key property features for 49 Colin Street, Lakemba, NSW 2195. Click here to find out more.

What is the total land area and built-up area of the 49 Colin Street, Lakemba, NSW 2195?

The total land area and built-up area of the 49 Colin Street, Lakemba, NSW 2195 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 49 Colin Street, Lakemba, NSW 2195?

49 Colin Street, Lakemba, NSW 2195 can accommodated 8 vehicles in the parking area.

  • Disclaimer

    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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