164-166 Australia Street

3 bed3 bath4 parking

Welcome to your next lucrative venture nestled in the vibrant heart of Newtown. This prime real estate gem boasts a generous 252sqm block with a desirable 10-meter frontage, offering endless possibilities for investors, builders or homeowners.

Positioned right on Camperdown Memorial Park, this is a benefit that very few enjoy in the area. You are moments from Newtown's famous King St with it's eateries and shops as well as Newtown Train Station, Sydney University and RPA hospital.

Currently a house divided into three separate units generating $1,400 per week, this property presents an immediate income stream as you make your plans to develop the block.

With potential to redevelop into a spacious family home or explore the option of a duplex (STCA), the opportunities are vast.

Land Size: 252 sqm
Water Rates: $495 pq
Council Rates: $640 pq

Figures are approximate only.

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