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Hillsdale 30 Rhodes Street

Auction 5th March 2024 at 6:30pm
12    6    6  

Ideal Investment Opportunity - An entire block of 6 x 2 bedroom apartments with lock up garages, offered in one line.

Auction Location: In Office Auction Room 763 Anzac Parade Maroubra

Outstanding offering to acquire a whole block of apartments to be sold in one line - this ideal investment opportunity would suit astute investors, SMSF buyers or developers.

Presenting a well-maintained corner block of 6 x 2 bedroom apartments on approx. 495m2 of land. This well located, sought after block of solid double brick construction is fully leased and returning a total yearly income: $173,160. Potential for increased rental returns with minor improvements, or strata title and sell separately (S.T.C.A.).

Featuring
An entire block offered in one line
6 x 2 bedroom apartments
Modern kitchens, internal laundries
Spacious living areas with balcony (1 unit has 2 balconies)
6 lock up garages. 1 storage garage.
Approx. 495m2 of land.

Located within 6 kilometres south-east of the CBD and within walking distance of Westfield Eastgardens and South Point Shopping Centres, Heffron Park, transport and within a short drive to the beach, cafes, shops and restaurants. Easy access to UNSW, POW Hospital and
Sydney Airport.

A perfect investment opportunity, these apartments offer an immediate income stream along with potential long term capital growth for astute investors.

Offering:
6 x 2 bed units. 12 beds, 6 bathrooms, 6 lock up garages, 1 storage garage.
Land Size: 495 sqm
Zoning: Medium Density Residential R3
Floor Space Ratio: 1:1
12 Metre Height Limits
Corner of Rhodes Street and Brittain Crescent.

Inspect: Thursday and Saturday by prearranged appointment only.
Contact: Michael Panto 0416 166 931 to arrange access.

Auction: Tuesday 5th March at 6.30pm
Venue: In rooms at Wentworth Partners 763 Anzac Parade Maroubra

Auction
5th March 2024 6:30pm

12    6    6   Block of Units

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Property Information

  • Land area approx 495.00sqm

Property Features

  • Garages 6

Local Information Hillsdale

Hillsdale is highly regarded as the most affordable and efficient way to enter the property market in the Eastern Suburbs. Hillsdale’s abundance of quality apartments and smaller brick homes attract those looking to buy their first home and with steady and affordable prices it is a great opportunity.

Read more about Hillsdale

Nearest Schools*
  • Government Schools
  • Independent Schools

Primary

  • Matraville Public School
  • Matraville Soldiers Settlement Public School
  • Pagewood Public School
  • Banksmeadow Public School
  • Chifley Public School
  • Maroubra Junction Public School
  • Malabar Public School
  • Maroubra Bay Public School

Secondary

  • South Sydney High School
  • Matraville Sports High School
  • Randwick Boys High School
  • Randwick Girls High School
  • J J Cahill Memorial High School
  • NSW School of Languages

Special

  • Sydney Childrens Hospital School
  • Centennial Park School

Primary

  • Our Lady of the Annunciation Catholic Primary School
  • St Agnes' Catholic Primary School
  • St Aidan's Catholic Primary School
  • Mount Sinai College
  • St Andrew's Catholic Primary School
  • St Mary - St Joseph Catholic Primary School
  • St Michael's Catholic Primary School
  • St Bernard's Catholic Primary School

Secondary

  • Champagnat Catholic College
  • St Spyridon College
  • Brigidine College Randwick
  • Our Lady of the Sacred Heart College
  • Marcellin College

Special

  • Lycée Condorcet - The International French School of Sydney
  • Aspect South East Sydney School, Maroubra
  • The Bowen College
  • The Joseph Varga School
* Nearby schools are selected based on straight-line distance only.
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