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Paddington
47 Bent Street
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15 bedrooms
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15 bathrooms
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5 car spaces
Highlights
A entire block of 15 studio apartments on a single title on an impressive land holding in south Paddington. On an elevated corner position fronting Bent Street, Leinster Street and Regent Lane, the land comprises of 3 lots, presenting a rare multi-dwelling investment/development opportunity in a tightly held neighbourhood. Sold off-market via BresicWhitney's network.
- Sold off-market via BresicWhitney
- Three-level building built in 1970s
- Large land size: 3 lots totalling 540sqm
- Rare 3 street frontages with car access
- Zoned R1 - FSR 1.25-1. Development upside
- Current passing income $280k per year
- Elevated corner position, north aspect
- City and district views from the top floor
- Redevelopment multi-house opportunity
- Improve income performance with upgrades
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