1-4/5 Albert Street Berala, NSW 2141

Sold $1,541,000

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Property Details

Property Description

Sold At Auction - Whole Block Of 4 To Be Sold In One Line

c1960’s 2 storey double brick construction consisting of 4 apartments all with balconies on a well maintained 455.3m2 block with ample parking.

Set within proximity to Berala, Lidcombe and Auburn Town Centres, 5 Albert Street Berala offers the astute investor a low risk, very affordable investment with a solid income stream underpinned by excellent surrounding amenities. Represents a rare value proposition within a tightly held western Sydney region, presenting purchasers the opportunity to capture a secure cash investment for years to come.

Key Investment Highlights Include:
-Significant land holding of 455.3m2
-Total of 4 apartments
-Fully leased potential gross income $78,000* per annum
-2x 1-bedroom apartments
-2x 2-bedroom apartments
-Strong rental history
-Full brick construction
-All with balconies

-1 km to Berala Station
-1.5km to Lidcombe Station
-2km to Auburn Station
-Must be sold

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Suburb Profile

Showcasing a prominent local presence in Berala and a team illustrating rich and accumulative experience, Laing+Simmons offers an unrivalled calibre of personal attention. Established with a focus on delivering a personal and customised service, our commitment to honesty, integrity and professionalism is reflected in our strong sales history and industry reputation in Berala and surrounding suburbs.
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