'Francesco Gardens' represents an outstanding opportunity to secure
30 oversized two bedroom apartments in outstanding presentation. The
incoming investors, operators or traders will benefit from the significant
accommodation demand in Bankstown and its surrounding neighbourhood.
- 2 x whole blocks in one line
- Oversized full brick construction - all with balconies
- Current fully leased net income $507,200* per annum
- 5% annual rental uplift as at 01 July 2017
- Lease expiry August 2017
- Central Bankstown CBD location
- Potential to trade and sell individually, operate a serviced apartment business or simply self manage and collect income.
Auction - In rooms Tuesday 23rd May, 2017 @ 10:30am at AuctionWorks 50 Margaret Street, Sydney.