Colliers is pleased to offer for sale as exclusive agents, the 42 Multi Housing Collection an assembly of four significant blocks of apartments, in the city of Bankstown, via International Expression of Interest.
The opportunity to acquire these 4 blocks of apartments, already strata titled, in this vibrant market is not to be missed. Beyond their strong performances to date, there is the prospect for even greater investment return through value-added initiatives, entailing the following investment highlights:
Trophy investment of 42 strata title units across four blocks in one line
Estimate fully leased gross income of $787,280 per annum approx.
Quality spread of tenancy mix being 1, 2 & 3 bedroom apartments
Total Gross Building Area of 4,294sqm approx.
Over 60 car spaces including 17 visitor spaces
Prime CBD location in the heart of Bankstown
Set to benefit substantially from the future Sydney Metro and future Western Sydney University campus
Various value-add strategies being strata sell-down, rental reversion, refurbishment and more.
The 42 Multi Housing Collection at 30-34 Sir Joseph Banks Street, Bankstown is being offered For Sale by International Expression of Interest, closing on Wednesday 30th June 2021 at 2:00pm (AEST).
For more information, please contact the exclusive selling agents.