546 Cleveland Street, Surry Hills, NSW 2010

Presenting a block of four studio apartments, each offering an attractive rental yield and an ideal opportunity for savvy investors. Originally renovated in 1999 under pre-existing use rights, the property features comprehensive upgrades, including new plumbing, electrical systems, fire-rated ceilings, modern kitchens, updated bathrooms, and new roof sheeting. A partial refurbishment completed in 2023 ensures these apartments remain appealing to tenants and up-to-date with modern standards.

Each studio is separately metered for electricity, offering convenience for tenants and streamlined utility management. The current rental income stands at $1,650 per week, with a planned increase to $1,850-$1,900 per week in December 2024, reflecting the high demand and continued value of this property.

Whether you're a seasoned investor or expanding your property portfolio, this renovated and income-generating asset is worth serious consideration.

DISCLAIMER: While TKG Property Agents have taken all care in preparing this information and used their best endeavors to ensure that the information contained therein is true and accurate. TKG Property Agents urges prospective purchasers to make their own inquiries to verify the information contained herein.