12 12 5
79 Stanmore Road, Stanmore, NSW 2048

Fully Leased Residential Investment

Co-Agent: Rocco Tripodi 0407 771 655 - Belle Property

Time Realty in conjunction with Belle Property Commercial Inner West is pleased to present 79 Stanmore Road, Stanmore for sale by Public Auction. This two storey dwelling comprises of a total of 12 residential tenancies that are at 100% occupancy. In close proximity to Stanmore Station, The University of Sydney and RPA hospital, this is an excellent opportunity to secure a low risk, high income generating asset, that is ideal for capital preservation, in what appears to be in a pro-longed period of low interest rates.

Features:
- Convenient rear lane access
- On-site parking for five (5) cars
- Zoned R2 - Low Density Residential
- Land Area: 433sqm
- Rental income $238,680.00 p.a

The auction will take place on Tuesday, 13th October 2020 at 10:30am
Location: Auctionworks - Mezzanine Level, 50 Margaret Street, Sydney

* Open as advertised by appointment