SOLD UNDER THE HAMMER - BLOCK OF 6 FLATS (To be SOLD in 1 line) 1-6/20 Ferguson Avenue WILEY PARK NSW

Description

SOLD

Auction Date 11:00 AM Saturday, 4 May 2024
Auction Venue On site

An exciting and affordable opportunity to secure a sought after block of 6 flats on 1 title. Perched upon 746 sqm (Zoned R4 High Density Residential) of land and being offered for the 1st time in 37 years this tidy block comprises of:

• 6 x 2 bedroom units
• All unit units have an internal laundry.
• 4 x balconies
• 6 parking spaces.
• Current return: approx. $120,000 / Potential return: approx. $140,000 per annum (in current condition).

Wiley Park Girls High School and Wiley Park Station are located at the end of the street and Roselands Shopping Centre is 1.1km away. The intersection of Canterbury and King Georges Road is only 650m away and offers easy access to the M4 and M5 motorways, Sydney’s CBD, Parramatta, Burwood and Hurstville. This is a rare opportunity to secure so much potential in such a great location.

All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice.