353 VICTORIA ROAD, MARRICKVILLE

Block of Units

SOLD SOLD SOLD !! UNIT BLOCK SPECIALIST MICHAEL MICHOS 0412 877 086
Unbelievable opportunity to acquire this very rare boutique block of 4 apartments. This corner location boutique block of units is to be sold in one line and is perfectly located just metres to Marrickville Road with an abundance of shopping, amenities and transportation nearby. Premier location and potential to further refurbish this block add to a great investment opportunity. Tidy and original throughout with many art deco period features all 4 apartments consist of similar layouts and feature:

*2 large bedrooms plus sunroom
*Separate lounge and dining
*Original gas kitchens and bathrooms
*2 Separate entrances for each unit
*1 Lock Up Garage
*Large grassy Backyard
*Total land area approx 400sqm

Apartment buildings like this are a rarity on the market in the ever improving and sought after Marrickville area. Please note that most financial institutions will fund a block of 4 units on a residential basis not commercial, which adds to the appeal of this smaller block. This building has genuine vendors and must be sold. A genuine opportunity not to be missed !

Current rental return: $51,220 per annum
Potential rent return as is: $60,320 (approx)

Outgoings:
Council Rates: $552.50 Per Quarter (approx)
Water Rates : $1023.40 Per Quarter (approx)

Details: Jim Michos 9667 2868
Michael Michos 0412 877 086

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