Glebe
70 Wigram Road

  • 14 bedrooms
  • 14 bathrooms
  • 2 car spaces
Highlights

"Ravenscourt" is a beautifully renovated and restored 14 unit strata building in an elevated position in the Toxteth Estate in Glebe. The building is offered fully leased with a mix of short and long term tenants in place. A high quality, fully capitalised, multi unit residential asset in a strong fringe position.

  • Fully leased annualised rent/income $555k pa.
  • 14 strata title apartments and 2 carspaces
  • A mix of one bedroom and studio apartments
  • Land size 658 sqm. Zoned R1 residential
  • Fully developed by current owners in 2008
  • All apartments are fully furnished
  • Building and fire fully compliant
  • Building and F+F depreciation benefits
  • Strong rental demand. Close to USYD
  • Outstanding generational asset
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