$204,000 INCOME PA*
For more information or to arrange an inspection please contact John Pye on 0414 914 268.
Opportunity knocks! Block of 9 apartments in family hands since they were built by a Master Builder circa 1955. Uncle Bruce helped in the construction. Now offered for sale for the very first time. Very good condition reflecting the full renovation of every apartment a few years ago.
- The block, built as solid as a castle – full brick, high 2.7M ceilings, polished timber floors or engineered flooring
- Potential to add additional units subject to Council Approval
- Potential to increase the under-market rents to reflect current conditions
- Peaceful location for tenants
- 1 x 3 BED and 8 x 1 BED apartments
- 100% occupancy*
- 4 lock-up garages and 5 car spaces
- Easy level 10-minute walk to shops, cafes, and Hornsby railway station and bus terminal. Even quicker to the Aquatic Centre, parks and TAFE.
The 3-bedroom apartment offers:
- No adjoining walls
- Extra spacious bedrooms and living room/dining, high ceilings and own private external entry
- Bedrooms offer built in robes in two bedrooms and an ensuite to the main bedroom
- Kitchen features extensive bench space, electric stove, hot plate & dishwasher. Washing machine included.
A typical 1-bedroom unit offers:
- Spacious open plan living/dining and kitchen
- Excellent light in every apartment
- Bedrooms feature built in robes
- Full bathroom with bath, separate shower
- Excellent kitchen offers extensive bench space, electric stove, hot plate, dishwasher. Washing machine included.
Once in a lifetime opportunity!
* Annual income & occupancy is based on current rentals as of October 2023.
Disclaimer - While every care has been taken in producing the above information, no warranty is given or implied to the accuracy. Prospective purchasers are requested to take such action as necessary to satisfy themselves.
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Property information
- Street Address 213 Peats Ferry Road
- Suburb Hornsby
- Property Type Block of Units
- Land Size 1048 m2