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Land/Development

29 Tramway Street Rosebery, NSW 2018

Sold on 18 Nov 2015Floorplan
  • Building/Land: 424m²
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Land/Development in Rosebery

First Time Offered in 43 Years

  • Building/Land: 424m²
Additional Information:
Floorplan

Excellent opportunity to acquire a block of 6x2 bedroom units, in a superb location! Close to major shopping centres including Westfield Eastgardens and Mascot Centre as well as schools, parks, famous cafes and restaurants and amenities nearby. Located on direct bus route to University of NSW and City CBD the property features

  • Currently 6 x 2 bedrooms units
  • Current Income of $117,260 p.a
  • Site Area 424sqm approx. Land Size 16m x 26.63/26.57m approx
  • Rear access to parking for 2 undercover garages and 1 car space, Storage areas plus 3 Lock Up Garages access from Tramway Street
  • Projected gross rental income upon upgrading $132,600 p.a ($425 per unit per week approx.)
Building:

424m²

Land:

424m² / 0.1 acres

Share:

Investment Information

Tenancy Status:

Fully Tenanted

Expected Weekly Rent:

$2,255 *

Expected Annual Gross Income:

$117,582 *

Expected Annual Nett Income:

$103,517 *

Expected Annual Other Outgoings:

$14,065 *

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

29 Tramway Street, Rosebery, NSW 2018