1-6/31 Gibbons Street Auburn, 2144 NSW

SOLD $3,310,000 AT AUCTION BY RICHARD MATTHEWS REAL ESTATE

12 6 6

SOLD $3,310,000 AT AUCTION BY RICHARD MATTHEWS REAL ESTATE! $310,000 ABOVE RESERVE PRICE

Offering a rare opportunity for the astute investors, this well maintained block of six beautifully renovated apartments are being offered to the market in a one line sale. With each home showcasing a seamless two bedroom floor plan, all apartments have been beautifully renovated throughout. Positioned in a highly sought after Auburn location just moments to a myriad of amenities, the complex is set on a grand 739.8sqm parcel of land with a 15.24m frontage. Take advantage of the additional bonus of the ideal R4 Zoning in a prominent locale, this excellent opportunity also appeals to the developer. With existing tenants in all 6 units currenting residing on site and offering strong rental return and income. This is a special investment.

• Entire complex of six apartments being offered for sale in one line
• R4 Zoned with development opportunity (subject to council approval)
• Set on 739.8sqm block with a 15.24m frontage
• All six units have been completely renovated with new kitchens, new bathrooms and new flooring
• All six units are currently tenanted with a strong rental return and immense capital growth potential in a vibrant growing area
• All six units are two bedroom floor plans with one bathroom, one car space and internal laundry each
• Features: Split reverse cycle air conditioning and intercoms
• Low maintenance boutique complex
• Prime & Prominent Location: Approx 5 minutes walk to Auburn Train station. Moments to Auburn Park, Auburn Central Shops, St Joseph's Hospital, multiple shopping outlets and highly sought after schools

Sold

Inspect

Inspection of this property is available strictly by arrangement only.