For Sale | Block of Units | 39 York Street, Teralba NSW 2284 | $1,300,000-$1,375,000

Ideal Investment Opportunity - 5 Unit Complex

  • 9 Bed
  • 5 Bath
  • 885 sqm (approx) Land Area

Investors take note with this centrally located and well-maintained 5 unit complex set on a sun drenched 885 square metre block.

Returning approximately $65,000 per annum gross, there is scope for improved returns as the rents are below market. The complex is separately metered for water and electricity. Land rates are approximately $3,100 per year. There are 4 x 2 bedroom apartments and a 1 bedroom apartment.

The complex was built around 1987 and is a three level cavity brick and concrete slab building with tile roof. There is ample parking for tenants.

Located across the road from Tulkaba football club, playground and tennis courts that back onto Cockle Creek and only 270m to Teralba Public School and a stroll to the local shops and bowling club.

In addition, you are 1.8km from the shores of Cockle Bay and it's stunning lakeside walking circuits that connect all the way to Warners Bay Esplanade and approximately an 8 minute drive to the major shopping district at Stockland Glendale.

Unit 1:

- On the ground floor with covered verandah leading onto lush lawn space

- Two sizeable bedrooms boasting built-in robes

- Modern bathroom with built-in bath, glass framed shower and separate toilet

- Open plan living and dining flows onto kitchen appointed with gas cooking & a dishwasher

- Dedicated laundry leads out to the shared staircase with under stair storage space

- Ample linen storage

Unit 2:

- Features a generous balcony that is partially covered and overlooks the greenery of the field

- Two comfortable bedrooms equipped with built-ins

- Tidy bathroom with glass framed shower, big vanity and toilet

- Clean kitchen with gas cooking and pantry

- European laundry to conveniently hide away

- Linen storage

Unit 3:

- One generous bedroom with a big built-in robe

- Stylish bathroom with glass framed shower

- Neat u-shaped kitchen with gas cooking plus dishwasher

- Functional laundry space with adjoining linen storage

- Situated at the back of the complex overlooking the carpark

Unit 4:

- Top floor balcony overlooks the field and takes in lake views

- Two bedroom accommodation, both offering built-in robes

- Well-appointed kitchen with gas cooking and dishwasher

- Spacious light-filled living area with air conditioning

- Large bathroom with separate toilet

- An abundance of linen storage

Unit 5:

- Two contemporary bedrooms with built-in robes

- Top floor balcony with views of lake and field

- Bright u-shaped kitchen adjoins the spacious living area

- Large tidy bathroom with built-in bath, glass framed shower & separate toilet

- Lots of linen storage

Outside you have established gardens and parking for five cars at the rear with access via William street.

Don't miss your chance to secure this investment special.

This property is proudly listed by:

First National Real Estate Andrew McGrath 69 Turea Street
Blacksmiths NSW 2281

Open for Inspection
By Appointment

Additional information

Property Type Block of Units
Property ID 11892100267
Street Address 39 York Street
Suburb Teralba
Postcode 2284
Price $1,300,000-$1,375,000
Land Area 885 sqm (approx)