Silverwater 23 /79-87 Beaconsfield Street
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$765,000
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Investors.Reap the Double Rental Returns
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Astute investors will appreciate the rare opportunity to reap double rental returns on this well-maintained property, transformed into a three-bedder and a studio, each with their own private entrance, split-system air-conditioning, and secure car space. Combined, the two produce an annual return of almost $49,868 (studio: $360/week; apartment: $599/week). The studio is fully self-contained, while downstairs is the apartment, with three spacious bedrooms with built-ins, bathroom, modern kitchen, and balcony with views to Sydney Olympic Park. The complex is perched above a small retail strip, making it very popular with renters. Beaconsfield Street is a prime location close to Newington, Homebush Bay, and Sydney Olympic Park. Plus, it's just moments to local schools, easy access to the M4, and plentiful public transport to Parramatta and Sydney CBD.
Rare opportunity for a double incomeCombined rental: $49,868/annumSpacious 3-bedroom apartmentLight & airy self-contained studioSplit-system air-conditioning throughoutSweeping district views from balconiesSecure parking (both studio & apartment)Close to Sydney Olympic ParklandsMoments to schools & shopsEasy access to M4 & public transport
Strata Levies - Admin $1269.16 and Sinking $255.09 per quarter.
Council Levies - $213.50 per quarter.
Water Rates - $178.42 per quarter.
Century 21 Summit have gathered the information contained herein from sources such as Principal/vendors & their legal representatives which we deem to be reliable. All lot sizes/measurements are approximate; the website may have filtered the property into a price bracket for website functionality purposes. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries. Intending purchasers should seek legal & financial advice before entering into any contract of purchase.
Property Features
- Air Conditioning
- Car Spaces 2
Local Information Silverwater
Education
Nearest Government Schools
- Auburn North Public School
- Auburn Girls High School
- Newington Public School
- Auburn Public School
- Rosehill Public School
- Lidcombe Public School
Nearest Private Schools
- Sydney Adventist School - Auburn
- St John's Catholic Primary School
- Alpha Omega Senior College
- Trinity Catholic College
- International Maarif Schools of Australia - Gallipoli Campus
- Al-Faisal College
Local Amenities
Parks
- Deakin Park
- Hume Park
- Granville Memorial Park
- Auburn Park
Services
- Auburn Post Office
- Flemington Markets Post Office
- Flemington Markets Post Office
Sport and Recreation
- Lidcombe Oval