Sold $2,550,000 - Prized Residential Investment Opportunity - Vendor retiring!
94 Womerah Avenue Darlinghurst Located in Darlinghurst’s finest street, this well appointed north facing building is offered for the first time in 38 years and comprises 6 compliant, well maintained rentals plus valuable carspace and rear lane access. The building benefits from its proximity to bus and train transport, cafes, restaurants, schools, St Vincent’s hospital, The Garvan Institute, The National Arts school and the CBD. - 6 compliant rentals on leases - Secure proven cash flow with potential upside - Parking - High demand rental area - Land tax exempt s.t.a occupancy agreements - On going professional management available - Coin operated laundry - Well presented common areas - Superb investment opportunity - Zoning R1 General Residential - Land size 114 sqm approx. - Potential for conversion to single dwelling STCA - Booming rental market due to lack of stock and increase in immigration - These properties are becoming rare - Priced to sell!