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38 Wonga Street
Canterbury NSW 2193
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Sold on 26 Feb 2024

38 Wonga Street Canterbury NSW 2193

  • Development / Land
  • 696 m²
  • Sold, $5,650,000

SUPERB INVESTMENT OPPORTUNITY, 9 APARTMENTS TO BE SOLD IN ONE LINE

    Presenting to the market a rare opportunity for investors, SMSF and companies with outstanding growth and excellent annual returns, to jump on! Discover the epitome of modern living in our exclusive prime location, corner block of 9 units to be sold in one line. A perfect opportunity to convert to strata title. This full brick three-storey with underground parking to all units are currently rented. The annual gross income is approx. $266,288 and we believe there is potential to increase. This block of units is perfectly situated within walking distance of all amenities that Canterbury has to offer. Within walking distance to Canterbury train station, Cooks River, sports field and basketball court at Tasker Park, Canterbury Olympic Ice Rink and Canterbury Leisure and Aquatic Centre. It is only 6 minutes (approx) drive to Canterbury hospital and 10 minutes (approx) drive to Canterbury Park Racecourse. Providing convince lifestyle of being a short walk to schools, parks, walking/bike paths, Beamish Street shopping precinct, cafes and restaurants. Explore, experience, and live in a desirable suburb that engages your senses and discover what awaits you in this wonderful pocket of Sydney.

    Entire block comprises:

    * Fully tenanted, 3 level building of 9 apartments
    * Built circa 2017 - Full Brick Structure
    * Enjoy spacious open plan living areas, flooded with natural light with balconies and courtyards perfect for both relaxation and entertainment
    * Modern kitchens and bathrooms with bathtubs
    * Internal laundry facilities
    * Underground parking with 10 secure car spaces and two visitor car spaces
    * Storage rooms
    * Common facilities include security intercom, entrance foyer and landscaping
    * Opportunity to convert to Strata Title

    Gross Annual Income - $266,288.00
    Council Rates $8,699.92.76 pa approx
    Water Rates $8,699.92 pa approx

    Property Highlights

    Date Sold26 Feb 2024
    Sold Price$5,650,000
    Floor AreaAsk Agent
    Land Area696 m²
    Parking12 x Onsite parkings
    Property ID2019038602
    Category
    Last updated  11 Mar 2024
    Map for 38 Wonga Street Canterbury NSW 2193

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    Property Highlights

    Date Sold26 Feb 2024
    Sold Price$5,650,000
    Floor AreaAsk Agent
    Land Area696 m²
    Parking12 x Onsite parkings
    Property ID2019038602
    Category
    Last updated  11 Mar 2024

    Co-Agents

    Grace Liwanag
    Grace Liwanag
    PRD Nationwide Beverly Hills
    Call
    0456707010
    Frank Mazzotta
    Frank Mazzotta
    PRD Nationwide Beverly Hills
    Call
    0400 804 041

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