Kensington 1 Barker Street

Sold $3,850,000
8 4 4

Boutique Block of 4 to Be Sold in One Line

A wonderful opportunity to acquire this prime residential building. Sitting opposite Kensington Oval, this property is superbly positioned on a corner block in the heart of Kingsford and Kensington. Occupying 347sqm (approx) with two street frontages, this well maintained building of four apartments provides a substantial investment opportunity due to the strong rental yield and immense development potential STCA.

Boasting an idyllic location only moments walk to UNSW and the Sydney Light Rail project on Anzac Parade, the property is also conveniently close to Prince of Wales Hospital, Randwick and direct CBD transport.

Fantastic long term investment or strata opportunity (STCA)

4 x 2 bedroom plus sunroom apartments4 carspaces - 2 garages & 2 designated spacesLow maintenance, apartments in upgraded condition Two street frontage on Day Lane & Barker Street Perfectly maintained with charming character featuresA rare opportunity with development potential STCACentrally located and very connected transport linesIncome - Approximately $120,000 gross per annum rental returnLand Size: 347 sqm approx.

Inspection: As Advertised or by Appointment

For a detailed information memorandum please contact the selling agents:

Martin Farah 0418 402 015
martinf@ngfarah.com.au


In Conjunction with Eastside Reality:
George Karabalios 0411 505 111
george@eastsiderealty.com.au


Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries*

Property Features

  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Fireplace(s)
  • Garden
  • Secure Parking

Get to know Kensington

Read more about Kensington


Sold

$3,850,000
8    4    4   Block of Flats

Agents


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