38-40 Renwick Street
Marrickville, NSW 2204

Overview

Entire Torrens-Titled Block - 8 Units To Be Sold in One Line

This exceptional offering presents a rare opportunity to acquire a solid and well-maintained block of eight units, located close to the vibrant heart of Marrickville. This substantial income-generating asset is positioned on a large 650 square meter Torrens-titled allotment, featuring a wide street frontage and convenient on-site parking at the rear. The property represents a valuable chance to capitalize on an expansive real estate holding within Sydney's Inner West.

The block comprises eight two-bedroom units, all to be sold in one line, providing a significant portfolio for investors or developers. Each unit is thoughtfully appointed with bright interiors that include electric stoves and full bathrooms, ensuring comfortable living spaces. The interiors are enhanced by timber and parquetry flooring, complemented by classic architectural features that add character and charm to the residences.

Access to the property is facilitated by a wide side driveway leading to the on-site parking area and a shared laundry at the rear, offering practical amenities for residents. Currently, five of the units are tenanted, generating a steady rental income stream, which adds to the investment appeal of this block.

There is excellent potential for future updates or renovations to increase the yield, with scope to explore development possibilities subject to council approval (STCA). The location offers easy access to Marrickville's bustling transport links and dining precincts, making it an attractive destination for tenants and future residents alike.

Additionally, the property is within walking distance to the scenic Cooks River parklands and cycleways, providing recreational opportunities and enhancing the lifestyle appeal of the area.

• Torrens-titled block comprising 8 two-bedroom units sold as one line
• Bright interiors featuring electric stoves and full bathrooms
• Well-maintained with timber/parquetry floors and classic features
• Wide side driveway leading to on-site parking and shared laundry facilities
• Five units currently tenanted, providing rental income
• Potential for development or renovation to increase returns (STCA)
• Convenient access to Marrickville's transport and dining hubs
• Close proximity to Cooks River parklands and cycleways

Location