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38 Wonga Street
canterbury
NSW, 2193

SOLD

Sold for $5,650,000

listing rooms 15
listing bathrooms 16
listing parking 12

SUPERB INVESTMENT OPPORTUNITY, 9 APARTMENTS TO BE SOLD IN ONE LINE

Presenting to the market a rare opportunity for investors, SMSF and companies with outstanding growth and excellent annual returns, to jump on! Discover the epitome of modern living in our exclusive prime location, corner block of 9 units to be sold in one line. A perfect opportunity to convert to strata title. This full brick three-storey with underground parking to all units are currently rented. The annual gross income is approx. $266,288 and we believe there is potential to increase. This block of units is perfectly situated within walking distance of all amenities that Canterbury has to offer. Within walking distance to Canterbury train station, Cooks River, sports field and basketball court at Tasker Park, Canterbury Olympic Ice Rink and Canterbury Leisure and Aquatic Centre. It is only 6 minutes (approx) drive to Canterbury hospital and 10 minutes (approx) drive to Canterbury Park Racecourse. Providing convince lifestyle of being a short walk to schools, parks, walking/bike paths, Beamish Street shopping precinct, cafes and restaurants. Explore, experience, and live in a desirable suburb that engages your senses and discover what awaits you in this wonderful pocket of Sydney.

Entire block comprises:

* Fully tenanted, 3 level building of 9 apartments
* Built circa 2017 - Full Brick Structure
* Enjoy spacious open plan living areas, flooded with natural light with balconies and courtyards perfect for both relaxation and entertainment
* Modern kitchens and bathrooms with bathtubs
* Internal laundry facilities
* Underground parking with 10 secure car spaces and two visitor car spaces
* Storage rooms
* Common facilities include security intercom, entrance foyer and landscaping
* Opportunity to convert to Strata Title

Gross Annual Income - $266,288.00
Council Rates $8,699.92.76 pa approx
Water Rates $8,699.92 pa approx

Agents

Nearby Schools

About canterbury

median house price

670000

suburb growth

7.2%

median house rent

650

suburb rental yield

5.0%

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

Floorplan 1
Floorplan 2

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