This is an ideal opportunity for investors to purchase a boutique block of seven studio apartments in a prime city fringe location.
The property currently produces an annual income of $107,000.00 per annum. Rent reviews are recommended on all studios to align returns with improved market conditions.
The two storey building is set on a 281 sqm block with rear street frontage on Francis Street Enmore. Conveniently positioned in a sought after pocket between Marrickville, Enmore and Newtown shopping precincts, a variety of city transport options, cafes and eateries.
This property is an ideal choice for the astute investor looking to add to their portfolio and further capitalise with future development (STCA).

Gross annual income $107,000.00 p/a approx.
Council rates $3275.00 p/a approx.
Water rates $1675.000 p/a approx.

Auction Details:
Wednesday 16th November at 6:30pm,
Rydges Hotel 9 Missenden Road, Camperdown

Filippo D’Arrigo 0416 118 621
Catherine Zatti 0421 194 333
RaineandHorne Marrickville
(02) 9560 7599, facebook.com/rhmarrickville