HOMEBUSH, NEW SOUTH WALES SUBURBAN APARTMENT FOR SALE
HOMEBUSH, NEW SOUTH WALES SUBURBAN APARTMENT 1

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Ad No. 1577

 
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price: $11,200,000 (AUD)
zone type: residential
land type: suburban
building type: apartment
condition: good


features:
5 X One Bedrooms
15 X Two Bedrooms
6 X Three Bedrooms


description:
RARE OPPORTUNITY - WHOLE BLOCK IN-ONE-LINE

Rare opportunity now exists for an investor to purchase 26 units in-one-line!

With the rental market at its lowest supply level in thirty years, investors will reap the rewards of high rental yields over the next five years.

Whole apartment blocks are very scarce due to the high building costs associated with new developments. Tax depreciation allowances will give investors excellent levels of tax deductions.

The apartment building has a mix of one, two and three bedroom apartments, that all have parking on title. It is a low maintenance block with no pools or gyms, benefiting investors with lower holding expenses.

Located on the Strathfield side of Homebush amongst federation housing and tree lined streets, due to be completed in November 2007, this location has excellent capital growth prospects over the next ten years.

Close to train station, shops and around the corner from a band news Coles that will open later this year.

Investors and self managed super funds should take advantage of this golden opportunity.

For details contact:
Dominic Serafino 0411 387387
Keiran Fleming 0419 610406
-----SYDNEY PRIME REALTY-----


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