Hillsdale 30 Rhodes Street

Auction Location: In Office Auction Room 763 Anzac Parade Maroubra

Sold at Auction by Michael Panto for an oustanding price.
$410k over the reserve.
We had 10 registered bidders and the rest would still like to buy a block in the area.

If thinking of selling please contact me on 0416 166 931 for a confidencial discussion.

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: by 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