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5-7 Oatley Road
Paddington NSW 2021
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Sold on 31 Jul 2018

5-7 Oatley Road Paddington NSW 2021

  • Other
  • 316 m²
  • Sold, $5,250,000

2 Rare & classic Victorian terraces, operating as a high yielding 16 studio boarding house on two separate titles to be offered in one line

- A prime & proven quality multi letting investment, located in one of the inner-city's prized suburbs
- GAR (approximately) $406,120.00 including GST
- All studios are fully self-contained & furnished with functional layouts & modern design
- Majority of the 16 apartments are generously sized, offering a variety of floorplans
- Each studio accommodates, kitchenettes & are fully equipped with cutlery, crockery, fridges, microwaves & electric jug, quality furnishings complete with wall-mounted flat screen TV
- Sold as a going concern with all furnishings and inventory included in the sale
- 2 Sunny communal courtyards main featuring outdoor tables, chairs & BBQ facilities
- Handy coin-operated laundries in each terrace
- Spread over 2 levels, 2 triple studios, 10 double studios & 4 single studios all fully self-contained
- Combined land size 316 sqm | FSR: 1.25:1 | Height limit: 9m | Fully fire compliant

5 Oatley Road, is 158 sqm in size 8 rooms LEP Sydney local environmental plan 2012 Lot 3/-/ plan number /DP 210870 class 1 B Boarding house
7 Oatley Road, is 158 sqm in size 8 rooms LEP Sydney local environmental plan 2012 Lot 4/-/ plan number /DP 210870 Class 2 multi residential

Walking distance to Sydney's premiere sporting arenas, Centennial Parklands, Oxford Street shops, cafes, eateries & bars with both the iconic Paddington markets & UNSW Arts & Design faculty all close by. 50 metre stroll to the convenience of buses to the CBD, Bondi Junction, Central Train Station & the golden sand beaches of Bondi, Tamarama & Bronte.

In Conjunction with McGees Property
John Grujovski 0418 264 464
jgrujovski@bal.mcgees.com.au

AUCTION

Auction date and time17/07/2018 18:00
Auction locationCooley Auctions - Level 1/29-33 Bay Street, Double Bay NSW 2028

Property Highlights

Date Sold31 Jul 2018
Sold Price$5,250,000
Floor AreaAsk Agent
Land Area316 m²
ParkingAsk Agent
Property ID2014447905
Category
Last updated  31 Jul 2018
Map for 5-7 Oatley Road Paddington NSW 2021

Property Highlights

Date Sold31 Jul 2018
Sold Price$5,250,000
Floor AreaAsk Agent
Land Area316 m²
ParkingAsk Agent
Property ID2014447905
Category
Last updated  31 Jul 2018
Shop 2/640 Crown Street, Surry Hills NSW 2010

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