347-349 Parramatta Road,
Leichhardt, NSW 2040

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Great Investment Property - 35 Residential Studios plus 2 Commercial Retail Shops - Overseas Owner Says "Sell"

Completed in early 2006
35 Residential Studios plus 2 Commercial
Walk to shops, cafes, transport etc

Completed in early 2006

There is exceptional high demand for these 35 studio apartments, all with en-suite bathroom, kitchenette with bar fridge and microwave - most with own balconies.

Average rent approximately $275.00 per week.
All long term tenants - 6 and 12 months lease minimum.
Parking for 7 cars.
Top units with the northeast aspect have City and Harbour Bridge views. Communal kitchen, lounge, dining area and deck.

Gross annual return - over $500,000.00

Includes 2 commercial shops - currently bridal wear and tailor/alteration businesses

Plus an apartment for the Resident Manager

Fabulous location, walk to shops, Coles, cafes, restaurants, transport and other amenities.

Excellent Long Term Investment Opportunity - Don't Miss This !!

Agent's interest

Property ID: 501335231Last Updated: 13 Apr 2015

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