Lilyfield

31-33 Maida Street

29

RARE OPPORTUNITY TO ACQUIRE ENTIRE BLOCK OF 18 UNITS (IN ONE LINE) - HARBOUR BRIDGE AND CITY SKYLINE VIEWS & ABUNDANT PARKING

This low maintenance block of 18 apartments is ideally located in a quiet tree-lined pocket, yet perfectly positioned to take advantage of the thriving Inner West lifestyle hubs of Lilyfield, Leichhardt, Balmain, Annandale & Rozelle. Conveniently located in close proximity to cafes & retail; light rail; parks; sporting facilities; schools; child care and the harbour side.

Offering a mix of 1 and 2 bedroom apartments (both renovated and original condition), 12 with balconies and a number of apartments capturing expansive views of the City skyline and Harbour Bridge. Proven rentals with clear uplift for those renovated flats.

Astute investors will see the amazing opportunity to further enhance and to increase upon already excellent rental yield.

Held by the one family for decades - this is a rare opportunity to secure such a solid investment.

+ 12 x 1 bedroom apartments (4 renovated)
+ 6 x 2 bedroom apartments (4 renovated)
+ 29 parking in total (15 x LUG, 9 external tandem spaces and 5 x covered spaces)
+ Security intercom system
+ Close to a multitude of parks and Bays/Harbour access
+ Convenient to restaurants, cafes, schools, transport and lifestyle amenities
+ Consistently rented (currently vacancies are being kept for display during sales campaign)
+ Email for Information Memorandum

* images depict a selection of apartments in the block (both renovated and unrenovated)

Agent Contact Details

  • Julian Hasemer

    m0412 207 206 p(02) 9326 1299
  • Brad Caldwell-Eyles

    m0414 246 625 p(02) 9326 1299

Sold

Property Type

Other

Size

873 sqm approx

Outgoings

Council Rates: $3,478 p/q

Water Rates: $3,932 p/q

Resources

Expected Buyer Interest*

$8,590,983
$9,000,000
$9,428,490
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Property Enquiry

* The mean value of this bell graph is equal to the mean value of our estimate of price range provided to the vendor.
Level 1 FP Level 2 FP Level 3 FP Facade Aerial Aerial Top Floor Top floor Balcony to street scape Middle floor Facade 2 Living - renovated Kitchen - renovated Living - renovated (to view) Bed - renovated Bath - renovated Bath - renovated Living - unrenovated Bath - unrenovated Carports + garages Common Area Bay Run Lilyfield Lifestyle