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 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296
 Islington, NSW 2296

Islington, NSW

Sold for $2,555,000

Sold on 15 Jun 2017

Do not miss this opportunity to secure the perfect investment. On offer is a block of 9 units that were fully refurbished and opened in January 2005. The complex was created from a disused engineering workshop. This then creates a modern warehouse conversion feel in each unit. The entire building had the roof replaced the wiring and plumbing updated at the time of refurbishment. Every unit has its own kitchen and bathroom. There is a mix of 8 x 1 bedroom units and 1 x 2 bedroom unit that are fully furnished, plus a common area with its own bathroom. There is an amazing 100m2 first floor outdoor open area with under cover gas BBQ and kitchen facilities and shared laundry on each level.

Also included in the complex is garaging for 2 cars in a double remote garage and also further off street parking for 2 cars in a tandem parking.

The DA for the complex allows for both short term and long term rental accommodation. The current configuration is a mix of both short and long term tenants but if you run the complex as short term you can increase the income dramatically.

The complex is situated on a double block of land totaling 543m2 with a 19 metre frontage and a length of 29.9 metres from front to rear.

The complex is situated within easy walking distance of TAFE, Hamilton Railway Station, buses to City and the University. You are also close to shops, Islington Park and cycleways to the City via the Harbour and Honeysuckle.

An Information Memorandum is available to all interested parties showing rental returns and running costs. All inspections are by appointment only so contact Michael Hughes to arrange an inspection.


Key Property Details

  • Air Conditioning
  • Remote Garage
  • Balcony
  • Outdoor Entertaining
  • Broadband Internet
  • Dishwasher

  • Property Type: Block of Units