10 Oxford St, Belmore NSW 2192, Australia
This offering represents an exciting opportunity for developers or investors to acquire this full brick boutique block with six (6) units on a prime parcel of land in the heart of Belmore. Ideally position just 6 minutes’ walk to the train station, local shops, schools and restaurants this is the perfect walk to everywhere locale.
The property consists of:
* 6 x 2-bedroom units
* 6 x Carspaces
* All units have 1-bathroom, internal laundry and balcony
* Site area 658m² Approx.
* FSR 0.5:1
* Height of Building: 8.5m
* Zoned R3: Medium Density Residential
* Currently returning $161,200 Per Annum with potential for greater income.
This fully leased property with a few units recently refurbished offers convenient and low-maintenance living. Positioned just a 6-minute walk (500m) from Belmore train station and bus stops, it provides effortless access to key amenities including Canterbury League Club, Belmore Sports Ground, Peter Moore Field, and Canterbury Hospital. Families will benefit from being close to renowned schools like All Saints Grammar, Belmore Boys High, and Belmore South Public School.
With multiple bus routes connecting Belmore to Sydney’s CBD and surrounding suburbs, as well as the train station undergoing upgrades to Sydney Metro standards, this property presents a prime investment opportunity. It boasts potential for rent renegotiations or future redevelopment (STCA), ensuring strong value growth and long-term appeal.