195b Stanmore Road, Stanmore

Investors will be highly impressed with this immaculately presented Art Deco complex of four apartments that represents an extremely rare opportunity to acquire a substantial income generating asset in the heart of the Inner West. Well-appointed throughout with some smart modern upgrades, all units are ready for immediate occupation with refreshed interiors, good proportions and parking from the front and rear. The property offers a superb real estate prospect that's very well-located with Enmore's cafe, dining and entertainment options close by, as well as bus transport, local parks and Newington College.

- Four x two-bedroom apartments in immaculate condition
- Currently fully tenanted and earning $124,000 p.a in rental income
- Fresh and bright interiors feature many retained original details
- Two lock-up garages plus extra secure parking via the rear lane
- Well-appointed gas kitchens, full bathrooms and sunroom/study
- High ornate ceilings, polished timber floors and air-conditioning
- Potential to strata the building and sell units individually (STCA)
- A short walk to Stanmore train station, village shops and cafés

Auction: On-site Saturday 19 November at 1:00pm

Land size: 398.4 square metres, approximately
Council rates: $3,413 per annum, approximately
Water rates: $4,413 per annum, approximately