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Land/Development in Stanmore
Boutique Block of Four Units with Dev Upside
- Building: 1m²
- Land: 443m²
RWC Sydney City Fringe in conjunction with Knight Frank, are pleased to present 41 Temple Street, Stanmore for sale via Auction.
Introducing an exceptional low-maintenance property located in the heart of Stanmore, presented for the first time in over 45 years. Set on a generous 443 sqm* block, this impressive collection of four oversized one-bedroom units offers a rare opportunity for investors and developers alike. Each unit is beautifully presented, featuring internal laundries and private entrances, with three of the units boasting balconies.
Conveniently situated approximately 450m* from Stanmore train station, the property is just moments away from popular cafes, restaurants, and IGA, ensuring a vibrant lifestyle for residents. Additionally, each unit is separately metered for electricity, making management seamless and efficient. Don't miss out on this unique opportunity in a desirable location!
Key Investment Highlights
- Total site area: 443sqm*
- Two titles - Potential duplex site STCA**
- Two street frontages with dual access
- Four (4) oversized one-bedroom units, all with internal laundries
- Gross annual income $128,440*pa
- 100% occupied with staggered lease expiry
- Potential to significantly increase return through refurbishment and renovations
- Potential to strata subdivide
- Communal landscaped garden oasis
- Air conditioning in all units
- Double brick rendered with double-glazed windows
- 4 parking spaces available
Opportunities like this are few and far between. Whether you're a savvy investor or a developer with a vision, 41 Temple Street is a rare and remarkable offering.
For more information or to arrange an inspection, please get in contact with the agents below:
Kristian Morris | 0411 415 297
Principal and Licensee in Charge
RWC Sydney City Fringe
Adam Droubi | 0420 807 090
Senior Sales Executive
Knight Frank
*Approximately
** Subject to council approval
1m²
443m² / 0.11 acres
Tenanted
Land/Development, Hotel/Leisure, Other