Fully Leased Unit Block Investment in Leichhardt

Details

I.B Property are pleased to present 51 Marion Street, Leichhardt, a secure residential unit block investment with superb growth potential in a tightly held suburb. The property is a two storey full brick residential unit block that comprises of 8 x 1 bedroom and 2 x 2 bedroom apartments. Commanding a large building area of 426sqm*, the property features well proportioned apartments with sunbathed interiors. Located less than 300m* from Norton Street retail strip, the property is close to numerous cafes, restaurants, shops and amenities.

Key Highlights:

• Full brick residential unit block comprising 8 x 1 bedroom & 2 x 2 bedroom apartments
• Fully leased residential unit bock investment
• Outstanding location only moments from the thriving Norton Street retail strip
• Opportunity to strata divide and sell down
• Gross floor area of 426sqm*
• Opportunity to value add or rental reversion through renova-tion
• Net income of $150,271 per annum*

*approx.

For more information or to organise a private inspection, please contact the exclusive selling agents.