$199,900 | Sydney Sydney Triplex for Sale at 30-32 Ferry Street Sydney

Investment Opportunity on Ferry Street Two PIDs Included Welcome to Ferry Street a unique investment opportunity featuring two separate PIDs with a combined total of approximately 8,000 sq. ft. The first lot includes a 3-unit income property, while the second features a detached garage and spacious yard, each offering roughly 4,000 sq. ft. The existing building is currently rented, generating approximately $800 from one unit, with room rentals producing between $3,000 and $3,900 monthly. Zoned UR3, this property allows for a variety of potential uses, including the possibility of up to four units per lot (to be verified by the buyer). While the building will require some upgrades, the combination of strong income potential, flexible zoning, and prime location close to the downtown corebut tucked away from main trafficmakes this an excellent opportunity for investors or developers alike. (id:6289)

Sydney Map, Demographics, Characteristics