Auction Location: In Office Auction Room 763 Anzac Parade Maroubra Sold at Auction by Michael Panto for an oustanding price. $410k over the reserve. We had 10 registered bidders and the rest would still like to buy a block in the area. If thinking of selling please contact me on 0416 166 931 for a confidencial discussion. Outstanding offering to acquire a whole block of apartments to be sold in one line - this ideal investment opportunity would suit astute investors, SMSF buyers or developers. Presenting a well-maintained corner block of 6 x 2 bedroom apartments on approx. 495m2 of land. This well located, sought after block of solid double brick construction is fully leased and returning a total yearly income: $173,160. Potential for increased rental returns with minor improvements, or strata title and sell separately (S.T.C.A.). Featuring An entire block offered in one line 6 x 2 bedroom apartments Modern kitchens, internal laundries Spacious living areas with balcony (1 unit has 2 balconies) 6 lock up garages. 1 storage garage. Approx. 495m2 of land. Located within 6 kilometres south-east of the CBD and within walking distance of Westfield Eastgardens and South Point Shopping Centres, Heffron Park, transport and within a short drive to the beach, cafes, shops and restaurants. Easy access to UNSW, POW Hospital and Sydney Airport. A perfect investment opportunity, these apartments offer an immediate income stream along with potential long term capital growth for astute investors. Offering: 6 x 2 bed units. 12 beds, 6 bathrooms, 6 lock up garages, 1 storage garage. Land Size: 495 sqm Zoning: Medium Density Residential R3 Floor Space Ratio: 1:1 12 Metre Height Limits Corner of Rhodes Street and Brittain Crescent. Inspect: by appointment only. Contact: Michael Panto 0416 166 931 to arrange access. Auction: Tuesday 5th March at 6.30pm Venue: In rooms at Wentworth Partners 763 Anzac Parade Maroubra