165-167 Lyons Road,
Drummoyne, NSW 2047
Development Sites & Land • Other
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
165-167 Lyons Road
Drummoyne, NSW 2047
Map of 165-167 Lyons Road
TWO APARTMENT BLOCKS IN-ONE-LINE
- 10 x vacant residential apartments
- 1,018sqm land area on prominent corner
- Capitalise the tightening rental market
CBRE, as the exclusive selling agent, is pleased to present 165-167 Lyons Road, Drummoyne to the market.
An outstanding opportunity to acquire two apartment blocks. The subject property consists of two x 1-bedroom plus study, six x 2-bedroom and two x 2-bedroom plus study with the potential to generate a gross passing income of $273,000 per annum*.
The site offers the following attributes:
- Two vacant cornerblock residential apartment buildings with 10 dwellings to be sold in-one-line
- Sizeable 1,018sqm* land area on prominent corner position with unrivaled exposure and convenience
- Forecasted market income of $273,000p.a*
- Capitalise on Sydney’s tightening rental market and residential apartment shortage
- Lifestyle focused location in proximity to a wealth of amenity including retail stores, lush green parks, schools and transport options
Private inspection appointments will be undertaken.
165-167 Lyons Road, Drummoyne will be sold via Auction at 10:30am, Tuesday 28th of February, 2023 at auctionWORKS.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
Jason Lowry - 0419 277 5...
Matthew Fenn - 0416 925 4...
Nick Heaton - 0408 025 0...
Marcus Hejtmanek - 0488 019 6...
*approx
An outstanding opportunity to acquire two apartment blocks. The subject property consists of two x 1-bedroom plus study, six x 2-bedroom and two x 2-bedroom plus study with the potential to generate a gross passing income of $273,000 per annum*.
The site offers the following attributes:
- Two vacant cornerblock residential apartment buildings with 10 dwellings to be sold in-one-line
- Sizeable 1,018sqm* land area on prominent corner position with unrivaled exposure and convenience
- Forecasted market income of $273,000p.a*
- Capitalise on Sydney’s tightening rental market and residential apartment shortage
- Lifestyle focused location in proximity to a wealth of amenity including retail stores, lush green parks, schools and transport options
Private inspection appointments will be undertaken.
165-167 Lyons Road, Drummoyne will be sold via Auction at 10:30am, Tuesday 28th of February, 2023 at auctionWORKS.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
Jason Lowry - 0419 277 5...
Matthew Fenn - 0416 925 4...
Nick Heaton - 0408 025 0...
Marcus Hejtmanek - 0488 019 6...
*approx
Property ID: 504243264Last Updated: 2 May 2023
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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