An exceptional prospect in a convenient inner-western Sydney location, this well maintained block represents a rare opportunity in a coveted residential area. Consisting of 6 x 2 bedroom apartments, the block is set on a generous parcel of land size of (696 sqm approx) and offers a compelling opportunity to purchase a fully tenanted block of 6 in one line, providing solid rental yield and a variety of potential future prospects for development (STCA).
Conveniently set over 2 levels and enjoying a pleasant street facing garden, the block features dual entry, with 2 apartments situated at the front and 4 at the rear, amounting to a peaceful residential zone benefitting from a sunny north west facing aspect. Each unit features 2 double bedrooms, a generous living area flowing to balcony, neat bathroom, eat-in kitchen, internal laundry and parking. All apartments have been updated and are in good condition with 3 units having the bonus of a large lock up garage and 3 units featuring a car space.
Features
- Each unit has mod kitchen, 1 bathrm, lndry, sunny aspect
- Block of 6 units (75 sqm approx) to be sold in one line
- 2 beds, 1 bathrm, living area, kitchen, lndry & balcony
- Land size 696 sqm approx, 3 x LUG plus 3 x car spaces
- Strong tenancies with G.A.R of approx $115,000 P/A
- Centrally located, close to trains, schools & amenities
- Potential for Strata subdivision or development (STCA)
- Zoned R4 High Density Residential, superb investment
Approximate Outgoings
Council Rates: $1,295 per qtr
Water Rates: $1,701 per qtr
Cleaning/Gardening: $715 per qtr
Insurance: $1,499 per qtr
Garage Size: 25 sqm (approx)
Unit Size: 75 sqm (approx)
Total Land Size: 696 sqm (approx)
Please note:These are typical floor plans and layouts of other units may vary slightly.
The size of Belmore is approximately 2.8 square kilometres. It has 12 parks covering nearly 4.9% of total area. The population of Belmore in 2016 was 12718 people. By 2021 the population was 13781 showing a population growth of 8.4% in the area during that time. The predominant age group in Belmore is 30-39 years. Households in Belmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmore work in a professional occupation.In 2021, 52.90% of the homes in Belmore were owner-occupied compared with 52.90% in 2016.
Belmore has 6,560 properties. Over the last 5 years, Houses in Belmore have seen a 79.96% increase in median value, while Units have seen a 28.60% increase. As at 31 December 2025:
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