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30 Rhodes Street, Hillsdale

Block of Units

Ideal Investment Opportunity - An entire block of 6 x 2 bedroom apartments with lock up garages, offered in one line.

Auction Location: In Office Auction Room 763 Anzac Parade Maroubra

Sold at Auction by Michael Panto for an oustanding price.
$410k over the reserve.
We had 10 registered bidders and the rest would still like to buy a block in the area.

If thinking of selling please contact me on 0416 166 931 for a confidencial discussion.

Outstanding offering to acquire a whole block of apartments to be sold in one line - this ideal investment opportunity would suit astute investors, SMSF buyers or developers.

Presenting a well-maintained corner block of 6 x 2 bedroom apartments on approx. 495m2 of land. This well located, sought after block of solid double brick construction is fully leased and returning a total yearly income: $173,160. Potential for increased rental returns with minor improvements, or strata title and sell separately (S.T.C.A.).

An entire block offered in one line
6 x 2 bedroom apartments
Modern kitchens, internal laundries
Spacious living areas with balcony (1 unit has 2 balconies)
6 lock up garages. 1 storage garage.
Approx. 495m2 of land.

Located within 6 kilometres south-east of the CBD and within walking distance of Westfield Eastgardens and South Point Shopping Centres, Heffron Park, transport and within a short drive to the beach, cafes, shops and restaurants. Easy access to UNSW, POW Hospital and
Sydney Airport.

A perfect investment opportunity, these apartments offer an immediate income stream along with potential long term capital growth for astute investors.

6 x 2 bed units. 12 beds, 6 bathrooms, 6 lock up garages, 1 storage garage.
Land Size: 495 sqm
Zoning: Medium Density Residential R3
Floor Space Ratio: 1:1
12 Metre Height Limits
Corner of Rhodes Street and Brittain Crescent.

Inspect: by appointment only.
Contact: Michael Panto 0416 166 931 to arrange access.

Auction: Tuesday 5th March at 6.30pm
Venue: In rooms at Wentworth Partners 763 Anzac Parade Maroubra

Property Information

  • Land area approx 495.00sqm

Property Features

  • Garages 6

Get to know Hillsdale

Hillsdale is highly regarded as the most affordable and efficient way to enter the property market in the Eastern Suburbs. Hillsdale’s abundance of quality apartments and smaller brick homes attract those looking to buy their first home and with steady and affordable prices it is a great opportunity.

Read more about Hillsdale

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