Land/Development for Sale

119 Maloney Street Mascot, NSW 2020

AuctionPlay Video
  • Land: 432m² (0.11 acres)

Inspection and auction details

  • Inspection:Thursday
    19July
    10:00am - 10:45am
  • Inspection:Thursday
    26July
    10:00am - 10:45am
  • Inspection:Thursday
    2August
    10:00am - 10:45am
  • Inspection:Thursday
    9August
    10:00am - 10:45am
  • Auction
    11August10:00am
    10:00am
    On Site

Auction location: On Site

Enquire with Agent
Land/Development for Sale in Mascot

Strata Titled Block of 6 Units Rare Opportunity to Invest or development Potential (Zoned B1)

  • Land: 432m² (0.11 acres)

First time offered in 50 years, this family owned investment, built in the 1960's, is a low maintenance two storey walk-up Strata block comprising of six units (4x 2br and 2x 1br).

With a Blue Chip Eastern Suburbs location, underwriting strong future yields, this solid double brick construction is set on a 432sqm block of land with side driveway leading up to lock-up garage and storage areas, with provisional parking for 3 to 4 vehicles.

Zoned Neighbourhood: B1
Floor Space Ratio: 1:5
12 Metre Height Limits
Land Size: 12.19m x 35.44m
432 sqm (approx.)
Suite Investors, Redevelopment or Addition Potential (S.T.C.A)

Land:

432m² / 0.11 acres

Floor Types:

Carpet

Investment Information

Tenancy Status:

Partially Tenanted

Current Weekly Rent:

$2,545 *

Current Annual Gross Income:

$132,704 *

Current Annual Nett Income:

$132,704 *

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Council:

Bayside Council

Title Scheme:

Strata Title

Lots in Complex:

6

* 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

Contact

Agents

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