Contact the agent if you'd like further information.
Land/Development for Sale in Mascot
Mixed-Use Block Comprising of 28 Apartments & 2 Commercial Shops
- Land: 835m²
Next Steps:
Enquire with agentRWC South Sydney is pleased to present 1265 Botany Road Mascot.
This unique opportunity presents an exceptional investment in a superb central location, situated in the gateway to Sydney. The recently refurbished mixed-use development comprises 28 apartments (26 x studio & 2 x 1 bedroom) and 2 commercial shops, each apartment meticulously designed for modern living with contemporary features.
Mascot, a thriving suburb poised for future growth, further enhances the potential of this investment.
- To be offered in one line
- Recently renovated contemporary block
- 28 apartments (26 x studio & 2 x 1 bedroom) & 2 commercial shops
- Rear lane access with onsite parking for 20 cars
- Long 10-year head lease with options
- Fully occupied with strong annual rental increases
- Gross income of $656,067 per annum (approx)
- Located in Mascot's shopping precinct near transport and schools
- Potential for further development (STCA)
The property is offered for sale by Expressions of Interest.
Agents:
Dennis Theodorou
0418 977 083
d.theodorou@rwre.com.au
Phillip Elmowy
0425 285 444
p.elmowy@rwcss.com
Anthony Vella
0412 232 904
a.vella@rwcss.com
835m² / 0.21 acres
MU1
Tenanted
Land/Development, Retail, Offices
Next Steps:
Enquire with agentAgents
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