16 Renown Avenue, Wiley Park, NSW 2195

Tightly held, blue chip investment block of 9 units comprising of 7 x 2 bedroom, 1 x 3 bedroom & 1 x 1 bedroom units in prime location sitting on a healthy 961.1sqm block of land. Some standout features include:

- 7 x 2 bedroom, 1 x 3 bedroom & 1 x 1 bedroom units

- All townhouse style (2 levels) with own private entrances

- All with open plan living & dining areas

- Most units have updated kitchens, some have older style kitchens

- All units have older style bathrooms

- All units have internal laundries

- Solid full brick construction

- 8 units have allocated parking (potential for more)

- Zoned: R3 medium density residential

- Frontage: 15.24m ? Land size: 961.1sqm

- Only 550m to Wiley Park shops & train station

- Potential gross return of 6.5% based on projected rental return

The property is under rented and has an existing annual rental income of $186,160 (1 x 2 bedroom unit is vacant) with potential rental upside to increase rents in line with market and current demand to $234,000 (conservatively)

Golden opportunity for the astute investor to capitalise on this wonderful offering and reap the rewards to unlock this properties potential.

Council rates: $8,208 per annum approx.

Water rates: $10,296 per annum approx.

CONTACT: Marc Dissinger 0413 750 868 or [email protected]