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An ideal opportunity for the astute investor, these six city fringe studio apartments are an ideal investment and perfect for those looking to take a strategic position in this c1967 apartment building right by Whitlam Square. With the new Oxford Street bike lane blocking off through traffic, this location is set to really take off as a quiet yet ultra convenient cul-de-sac just footsteps from Hyde Park and the vibrant Darlinghurst lifestyle scene.
- Six studio apartments in this highly desirable location
- Apartments 1,3,6,11,12 & 17 + garage & car space
- One secure remote garage - easy access via Hargrave St
- Open-air car space directly adjacent to Apartment 17
- Sizes - 4 studios X 28sqm + 1 X 26sqm + 1 X 24sqm
- Currently a mix of Airbnb & expired rental tenancies
- All six studios and two parking to be offered in one line
- Scope to improve yields for an active owner/operator
- Low-maintenance building with triple street frontage
- Future development potential - building on 339sqm
- Large holding in a building of just seventeen apartments
- City-fringe location - walk across Hyde Park into the CBD
- 50m to Oxford Street, stroll downhill to Stanley St dining
- Two blocks to Aldi, Fitness First; walk to Museum station
- Free Strata Report & IM/outgoings available upon request