18-20 Hutchinson Street GRANVILLE NSW 2142
Expressions of Interest

DESCRIPTION

Outstanding and rare opportunity to acquire this entire unit block of ten (10) units to be sold in one line, with a current passing income of $250,120 per annum. With the 10 units strata approved and strata subdivision completed this is truly a unique opportunity.

Ideal opportunity to capitalise on the current housing shortage and increase rents in line with the market. Further renovations can result in strong rental increases. Opportunity to renovate and resell the units individually with strata subdivision completed.

Features include:

* Great unit mix 10 x 2-bedroom units
* 12 onsite car spaces. 10 lock up garages plus 2 visitors parking
* Site area 1191m2 approximately
Strata subdivision completed, all the hard work done
* Two (2) level walk up building over carpark
* Double brick construction
* Generous floor plan layouts
* All units with balconies and internal laundries
* Fully leased with passing rental of $250,120 per annum with scope to increase
* 500m approximately to Granville Shops and Railway Station
* 2.8km approximately to Parramatta Westfield, Railway Station and CBD
* Genuine Sale MUST BE SOLD!

The property will be offered by way of expressions of interest.