CBRE as the exclusive sales agents, are pleased to present to market 35 Cavendish Street, Stanmore. The property is a securely leased freehold investment in Sydney's cultural hub. The two-storey full brick building comprises nine (9) apartments including eight (8) one-bedroom apartments and one (1) three-bedroom penthouse with rear parking to be sold in-one-line. Commanding a generous 738sqm* land offering, the property is situated in a convenient location just a short walk from Enmore Road's retail strip and 750m* to Stanmore Station. The extremely desirable location is bolstered by its proximity to prestigious schools, universities, transport, shops, parks, hospitals, and the Sydney CBD (5.4km*). Additionally, 45.3% of Stanmore's population are currently renting, underwriting the area's strong rental demand. 35 Cavendish Street, Stanmore provides the opportunity to maintain the site for steady cash flow, refurbish, or to redevelop into a luxury apartment block (STCA).
35 Cavendish Street, Stanmore benefits from the following key attributes:
-Total of nine (9) apartments comprising eight (8) one-bedroom apartments and one (1) three-bedroom penthouse
-Rear parking access
-Situated 750m* from Stanmore Train Station
-Conveniently located a short walk from Enmore Road's retail strip
-Fully leased gross income of $201,271*
-Opportunity to maintain the site for steady cash flow, refurbish, or to redevelop into a luxury apartment block (STCA)
35 Cavendish Street, Stanmore will be sold via Private Treaty
Inspections to be held by appointment as per COVID-19 Greater Sydney restriction requirements. Please enquire directly with the exclusive agents to arrange a private viewing.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx.
