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Overview
713 South Dowling Street, Redfern NSW 2016
This impressive tri-level Victorian terrace is currently configured as four self-contained apartments, presenting a unique opportunity for buyers with vision. It offers a lucrative rental yield while also serving as a spectacular canvas for transformation into a luxurious family residence.
- Generates an impressive annual rental return exceeding $130,000.
- Features a modern and spacious ground floor apartment equipped with two bathrooms.
- Includes an additional ground level studio with one bathroom.
- Offers mid-floor and top-floor one-bedroom, one-bathroom apartments.
- Provides two off-street parking spaces with convenient rear access via Vaughan Place.
- Represents an exceptional opportunity to continue as a proven investment.
- Potential to reconfigure and transform the property into a contemporary family home.
- Located within walking distance to Crown and Bourke Street shops, cafes, and restaurants.
- Easy access to Centennial Park, Moore Park, and city transport options.
- Close to an excellent selection of nearby schools, including Bourke Street Public School.
This property combines the charm of Victorian architecture with modern living spaces, making it ideal for investors or families seeking a versatile and valuable residence in a vibrant community. The multiple apartments provide flexibility for rental income or personal use, while the potential for redevelopment offers exciting possibilities to create a bespoke family home tailored to individual needs.
Situated in the sought-after suburb of Redfern, the location benefits from a thriving local culture, excellent amenities, and convenient transport links to the city and surrounding areas. The proximity to parks and recreational facilities enhances the lifestyle appeal, making this property a remarkable opportunity for discerning buyers.
Whether continuing as a high-yield investment or undertaking a thoughtful renovation, this property promises significant value and lifestyle benefits in one of Sydney's most dynamic neighborhoods.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Redfern NSW 2016
Market Insights for Redfern NSW 2016
Other properties in this postcode
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