5 Tiptrees Avenue Carlingford

X Commercial is proud to present 5 Tiptrees Avenue, Carlingford presents an entire apartment block for sale in one line. With a total of 10 apartments, the building comprises nine three-bedroom apartments and one studio apartment.

Strategically positioned within proximity to key amenities, the property is surrounded by shopping centres, educational institutions, and upcoming transport infrastructure, ensuring strong ongoing demand.

With a well-established residential market and significant growth prospects in the area, this property represents a rare and compelling oering for astute investors and developers alike.

Key highlights:
Total land area of 1,593 m²* Total building area of 691 m²* Entire block of 10 apartments, comprising nine three-bedroom apartments & one studio Fully leased tenanture with current gross income of $294,000 p.a. with potential to increase to approxiately $315,000 gross p.a. Potential to strata subdivide and sell the apartments individually Multiple value-add strategies with options to refurbish, reposition, or redevelop to capitalise on strong local market conditions & increasing housing demand With record-low vacancy rates and limited new supply in the area, the property oers strong rental income potential and capital appreciation opportunities
For more information or to arrange an inspection, please contact the selling agents at X Commercial.