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16 Renown Avenue, Wiley Park, NSW 2195 For Sale
16 Renown Avenue, Wiley Park, NSW 2195 16 Renown Avenue, Wiley Park, NSW 2195-Floorplan 16 Renown Avenue, Wiley Park, NSW 2195-Floorplan

16 Renown Avenue, Wiley Park, NSW 2195

Bedrooms
18
Bathrooms
9
Parkings
8
Area
961m2
Type
Block Of Units

Published on Sunday, June 30, 2024

Auction | Marc Dissinger

Open on Saturday 27 July 12:00 pm | View All

Auction Saturday 27 July at 12:30 pm | View All

16 Renown Avenue, Wiley Park, NSW 2195 - More Details

Auction | Marc Dissinger

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 (3 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 [email protected]
Type
Block Of Units
Bedrooms
18
Bathrooms
9
Parkings
8
Area
961m2

Inspections times

  • Inspection Sat 27 Jul 12:00 pm

    Saturday 27 July
    12:00 pm - 12:30 pm
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16 Renown Avenue Wiley Park NSW 2195

Property FAQs

What is the current asking price for the 16 Renown Avenue, Wiley Park, NSW 2195?

Ralph First Real Estate - The Ralph Team has not listed a sale price for 16 Renown Avenue, Wiley Park, NSW 2195. Contact the agent for a price guide.

How many bedrooms does the property listed 16 Renown Avenue, Wiley Park, NSW 2195 feature?

16 Renown Avenue, Wiley Park, NSW 2195 is a 18 bedroom Block Of Units.

What are the standout features of the 16 Renown Avenue, Wiley Park, NSW 2195?

Explore all key property features for 16 Renown Avenue, Wiley Park, NSW 2195. Click here to find out more.

What is the total land area and built-up area of the 16 Renown Avenue, Wiley Park, NSW 2195?

The total land area and built-up area of the 16 Renown Avenue, Wiley Park, 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 16 Renown Avenue, Wiley Park, NSW 2195?

16 Renown Avenue, Wiley Park, NSW 2195 can accommodated 8 vehicles in the parking area.

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