5-7 Oatley Road Paddington NSW
2 Rare & classic Victorian terraces, operating as a high yielding 16 studio boarding house on two separate titles to be offered in one line
– A prime & proven quality multi letting investment, located in one of the inner-city’s prized suburbs
– GAR (approximately) $406,120.00 including GST
– All studios are fully self-contained & furnished with functional layouts & modern design
– Majority of the 16 apartments are generously sized, offering a variety of floorplans
– Each studio accommodates, kitchenettes & are fully equipped with cutlery, crockery, fridges, microwaves & electric jug, quality furnishings complete with wall-mounted flat screen TV
– Sold as a going concern with all furnishings and inventory included in the sale
– 2 Sunny communal courtyards main featuring outdoor tables, chairs & BBQ facilities
– Handy coin-operated laundries in each terrace
– Spread over 2 levels, 2 triple studios, 10 double studios & 4 single studios all fully self-contained
– Combined land size 316 sqm | FSR: 1.25:1 | Height limit: 9m | Fully fire compliant
5 Oatley Road, is 158 sqm in size 8 rooms LEP Sydney local environmental plan 2012 Lot 3/-/ plan number /DP 210870 class 1 B Boarding house
7 Oatley Road, is 158 sqm in size 8 rooms LEP Sydney local environmental plan 2012 Lot 4/-/ plan number /DP 210870 Class 2 multi residential
Walking distance to Sydney’s premiere sporting arenas, Centennial Parklands, Oxford Street shops, cafes, eateries & bars with both the iconic Paddington markets & UNSW Arts & Design faculty all close by. 50 metre stroll to the convenience of buses to the CBD, Bondi Junction, Central Train Station & the golden sand beaches of Bondi, Tamarama & Bronte.
In Conjunction with McGees Property
John Grujovski 0418 264 464
jgrujovski@bal.mcgees.com.au
Property Type
Other
