126 Australia Street, Camperdown

On offer is this exceptional opportunity for investors to secure a solid strata-titled block and capitalise on its numerous possibilities. With 18 studio apartments to be sold in one line, an established property of this size is a once in a lifetime chance for those seeking to build a significant real estate portfolio. It presents a great income generating prospect with returns of approx. $250,000 pa and future potential to increase yield through improvements or redesign (STCA). It's also ideally located within footsteps to Camperdown Memorial Rest Park, as well as all of King Street's local cafes, shops and transport options.

- Entire block of 18 studio apartments in good condition
- A dual access block with seven car spaces at the rear
- Currently returning approx. $250,000 pa with scope to increase
- Strata-titled with opportunity to sell apartments individually
- Significant potential to further update and increase yield
- A great option for investors with outstanding potential
- Moments to Newtown's renowned lifestyle hub & multiple transport options
- A short stroll to RPA hospital, Sydney Uni & Camperdown Memorial Rest Park

Land size: 607 square metres, approximately

Auction: On-site Saturday 22 October at 1:30pm

Water rates: $3,002 per quarter, approximately
Council rates: $6,103 per quarter, approximately
Strata levies: $5,054 per quarter, approximately