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38 Wonga Street, Canterbury, NSW, 2193

2. Property Highlights


Presenting to the market a rare opportunity for investors, SMSF and companies with outstanding growth and excellent annual returns, to jump on! Discover the epitome of modern living in our exclusive prime location, corner block of 9 units to be sold in one line. A perfect opportunity to convert to strata title. This full brick three-storey with underground parking to all units are currently rented. The annual gross income is approx. $266,288 and we believe there is potential to increase. This block of units is perfectly situated within walking distance of all amenities that Canterbury has to offer. Within walking distance to Canterbury train station, Cooks River, sports field and basketball court at Tasker Park, Canterbury Olympic ice rink and Canterbury leisure and aquatic centre. It is only 6 minutes drive to Canterbury hospital and 10 minutes drive to Canterbury Park Racecourse. Providing convince lifestyle of being a short walk to schools, parks, walking/bike paths, Beamish Street shopping precinct, cafes and restaurants. Explore, experience, and live in a desirable suburb that engages your senses and discover what awaits you in this wonderful pocket of Sydney.

Entire block comprises:

* Fully tenanted, 3 level building of 9 apartments
* Built circa 2017 - Full Brick Structure
* Enjoy spacious open plan living areas, flooded with natural light with balconies and courtyards perfect for both relaxation and entertainment
* Modern kitchens and bathrooms with bathtubs
* Internal laundry facilities
* Underground parking with 10 secure car spaces and two visitor car spaces
* Storage rooms
* Common facilities include security intercom, entrance foyer and landscaping
* Opportunity to convert to Strata Title

Gross Annual Income - $266,288.00
Council Rates $8,699.92.76 pa approx
Water Rates $8,699.92 pa approx

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3. Property Location

38 Wonga Street, Canterbury, NSW, 2193

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4. Due Diligence

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