Price Guide $3,200,000 - $3,500,000
**Inspection By Appointment - Please Call Agent**
Laing + Simmons and Ronis Real Estate are proud to present this new entire block of studio apartments and a lock up retail shop offered in one line.
Located in a prominent shopping strip with maximum exposure and with excellent long term leases in place ensuring a strong yield in a low maintenance building.
All apartments are self-contained with kitchens, bathrooms, laundry facilities, balconies, video intercom and split system air conditioning with a 3 year lease.
Retail shop approximately 62 sqm features kitchen, bathroom and ducted air conditioning which is currently used as office space and carparking via rear lane with a 5 x 5 year lease.
Set in a prominent location with rear lane access the property is easily accessible to Bankstown Central Shopping Centre, Yagoona shops and train station.
+ GAR approx. $191,000 pa
+ Solid concrete low maintenance building with lift access
+ Strong rental returns with long leases
+ Easily accessible to local shops and transport
+ Land size approximately 224sqm with 6.3m frontage
Great opportunity for investors with strong rental yields and excellent depreciation allowances anticipated.
For further details contact joint agents Themy Panagiotidis 0404 244 558 or George Ronis 0415 154 486
51 Rawson St, Auburn NSW 2144
THEMY PANAGIOTIDIS
0404244558
