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  • Sold
SOLD Prior to Auction - Boutique Block of 9 Units in Tightly Held Kensington Precinct - #1
SOLD Prior to Auction - Boutique Block of 9 Units in Tightly Held Kensington Precinct - #2
SOLD Prior to Auction - Boutique Block of 9 Units in Tightly Held Kensington Precinct - #3
SOLD Prior to Auction - Boutique Block of 9 Units in Tightly Held Kensington Precinct - #4
SOLD Prior to Auction - Boutique Block of 9 Units in Tightly Held Kensington Precinct - #5
SOLD Prior to Auction - Boutique Block of 9 Units in Tightly Held Kensington Precinct - #6
SOLD Prior to Auction - Boutique Block of 9 Units in Tightly Held Kensington Precinct - #7
SOLD Prior to Auction - Boutique Block of 9 Units in Tightly Held Kensington Precinct - #8

For Sale

Auction 23rd Jun 2022 Dexus Place, Level 5, 1 Margaret Street, Sydney CBD
Colliers & Laing & Simmons Kingsford are pleased to bring to market via Public Auction, 5 Salisbury Road, Kensington.

A truly unique investment opportunity to acquire a boutique block of 9 units in one of Sydney’s tightest investment markets. This rare offering provides any purchase a stable, low-risk asset with long-standing tenants and a significant value add opportunity through internal renovations whilst improving the current passing rent.

5 Salisbury Road, Kensington has the following features:
- Boutique block of nine two-bedroom units all with parking and storage
- All units come with an allocated car space, storage, and balcony area
- Total land area of 689.2m²* with an R3 Medium Density zoning
- Good passing income with significant opportunity to increase this amount
- Opportunity to strata subdivide and sell down (S.T.C.A.)
- Internal and external refurbishment opportunity (S.T.C.A.)
- 250 metres to the newly operational light rail
- 4.7km to the Sydney CBD
- Proximity to UNSW, major hospitals, ANZAC Parade retail precinct, and local amenities which encourage large scale gentrification

For more information or to arrange an inspection please contact one of the exclusive sales agents below:

Angus Urquhart
0432 192 849

Trent Gallagher
0432 242 063

Dean Efrossynis
0417 223 906

Nicholas Efrossynis
0418 223 906
  • 13/06/2022
  • Contact our experts for details on this transaction