CBRE as the exclusive sales agent is pleased to present 3 Eastbourne Road, Homebush West. The property is a secure freehold apartment block investment comprising a total of 5
apartments plus parking for 5 cars with storage. 3 Eastbourne Road offers a desirable mix of 2 x 3 bedroom, 2 x 2 bedroom and 1 x 1 bedroom apartments, totalling 401sqm* of NSA
across three storeys. With a gross passing income of $106,600 per annum*, 3 Eastbourne Road represents a secure investment opportunity.
3 Eastbourne Road commands a substantial 843sqm* land holding and boasts favourable planning controls, allowing for significant value-add opportunities and potential development
upside (STCA). The property provides prospective purchasers with the ability to strata-down the apartments and sell them individually, or hold as a secure investment.
Located in the heart of Homebush West, 3 Eastbourne Road offers amenities at its doorstep, within close proximity to Homebush West Public School, Sri Karphaga Vinayakar Temple, Flemington Train Station, Sydney Markets, DFO Homebush and Sydney Olympic Park.
3 Eastbourne Road, Homebush West benefits from the following key attributes:
- Total of 2 x 3 bedroom, 2 x 2 bedroom & 1 x 1 bedroom apartments, with parking for 5 cars
- Secure Investment Opportunity with gross passing income of $106,600 p.a*
- Generous land offering of 843sqm* with NSA of 401sqm*
- Pre-eminent location within walking distance to Homebush West Public School, Sri Karphaga Vinayakar Temple, Flemington Train Station and Sydney Markets
- Desirable R3 Medium Density Residential zoning
- Ability to refurbish, revert rents and hold, strata and sell down or redevelop and convert (STCA)
3 Eastbourne Road, Homebush West is to be sold via an On-Site Auction on Thursday, 3 March 2022 at 2pm.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approximate
Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.
