123 Bowden Street
Meadowbank, 2114 NSW

Secure Freehold Investment - Entire Apartment Block

27 Floor area approx 1,793sqm

X MARKS THE SPOT

123 Bowden Street, Meadowbank represents a rare investment opportunity to acquire the recently developed 'The Bradfield' apartment block in one line. Conveniently located in the heart of Meadowbank the 'The Bradfield' is within walking distance to Meadowbank train station, ferry wharf and within close proximity to Meadowbank village plaza and Top Ryde Shopping Centre.

THE KEY X-FACTORS OF 123 BOWDEN STREET INCLUDE:
- Gross Passing Income: $585,000* per annum
- Substantial Deprecation Benefits
- 18 residential apartments and 1 ground floor retail
- 2 level basement car park for 27 cars & motorcycle parking
- Established Commercial Tenant
- Final Occupation Certificate
- Development completed 2020
- Value add potential through reversion of rents to current market value
- Potential for strata subdivision and sell down of individual units
- Convenient location with train station, ferry wharf & bus stops within walking distance
- 15km* to the Sydney CBD
(*Approx.)

Building Mix:
- (2) - 3 bedroom apartments
- (11) - 2 bedroom apartments
- (5) - 1 bedroom apartments
- (1) - Commercial tenancy
- (27) - Basement Car Parks

For more information or to arrange an inspection please contact the exclusive selling agents:

Lachlan Palm - 0431 723 010
Daniel O'Brien - 0404 860 747

For Sale Contact Agent

Inspect

Inspection of this property is available strictly by arrangement only.

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