39-41 Conway Road,
Bankstown, NSW 2200
Other • Shops & Retail
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Map of 39-41 Conway Road
WHOLE BLOCK OF 12!
OPPORTUNITY:
Due to the current record low vacancy rates, strong housing demand contineus to surge and the residential market remains under supplied, this offering is a fantastic opportunity to secure a low risk secure investment with a very strong foundation for future income and capital growth.
LOCATION PROFILE:
As at June 2009, the Bankstown Local Government Area supported an estimated resident population of 186,108 having gorwn by an average of 1.4% per annum over the previous five years and by 1.7% in the year to June 2009. The annual population growth in Bankstown is higher than the average for both the Sydney Region and New South Wales (0.8%)
THE OFFERING:
- Built in 1998, this modern block is made up of 9 two-bedroom and 3 three-bedroom strata titled apartments
- Centralised position, being less than 5 minutes walk to Centro Shopping Centre, Train Station, TAFE and various schools
- Fully leased to Housing NSW until mid 2011.
- Offering a solid cash flow, limited capital expenditure and strong rental and capital growth prospects.
- Current income: $191, 868 per anum (approx)
AUCTION DETAILS:
Wednesday, 30th June 2010 at 10.30am
Venue: CBRE Head office - Level 26, 363 George Street, Sydney
Due to the current record low vacancy rates, strong housing demand contineus to surge and the residential market remains under supplied, this offering is a fantastic opportunity to secure a low risk secure investment with a very strong foundation for future income and capital growth.
LOCATION PROFILE:
As at June 2009, the Bankstown Local Government Area supported an estimated resident population of 186,108 having gorwn by an average of 1.4% per annum over the previous five years and by 1.7% in the year to June 2009. The annual population growth in Bankstown is higher than the average for both the Sydney Region and New South Wales (0.8%)
THE OFFERING:
- Built in 1998, this modern block is made up of 9 two-bedroom and 3 three-bedroom strata titled apartments
- Centralised position, being less than 5 minutes walk to Centro Shopping Centre, Train Station, TAFE and various schools
- Fully leased to Housing NSW until mid 2011.
- Offering a solid cash flow, limited capital expenditure and strong rental and capital growth prospects.
- Current income: $191, 868 per anum (approx)
AUCTION DETAILS:
Wednesday, 30th June 2010 at 10.30am
Venue: CBRE Head office - Level 26, 363 George Street, Sydney
Property ID: 5656021Last Updated: 5 Dec 2013
39-41 Conway Road
Bankstown, NSW 2200
CB Richard Ellis - Going Going GoneLevel 26, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
CBRE - Western SydneyLevel 4 10-14 Smith Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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