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Overview
Entire Block of 6 Apartments
This property is situated on a prominent 483sqm corner block with dual street access. The solid two-storey brick building, constructed in the 1980s, consists of six fully leased apartments, making it an attractive investment opportunity with strong holding income and potential for future growth. The property features a common rear yard and on-site parking, located in a prime Marrickville area just moments away from cafes, dining options, transport links, and various lifestyle amenities.
- Entire block of six apartments (four 2-bedroom and two 1-bedroom units)
- Common rear yard and on-site parking available
- Potential for value-add through renovations or upgrades
- 483sqm corner site with rare dual street frontage
- Future redevelopment or strata subdivision potential (subject to council approval)
- Currently fully leased, generating an annual income of $195,520 with scope for increases
This property represents a unique opportunity for investors looking to capitalize on a well-located asset with strong rental returns and significant upside potential.
Change History
| Headline | When |
|---|---|
| For Sale | $4,595,000 | |
| $4,600,000 |
Location
Marrickville NSW 2204
Market Insights for Marrickville NSW 2204
Other properties in this postcode
Forthcoming Auction | Price Guide $995,000
1/9 Hill Street, Marrickville NSW 2204
Forthcoming Auction | Price Guide $995,000
1/9 Hill Street, Marrickville NSW 2204
Auction Guide $1,700,000, Selling with Andrew Cary
13 Cowper Street, Marrickville NSW 2204
Auction | Tina Fotopoulos
26/256 Wardell Road, Marrickville NSW 2204
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
