394 Bourke Street, SURRY HILLS NSW 2010

An ideal investment and your own home canvas!

394 Bourke Street, SURRY HILLS NSW 2010

Sold $1,925,000

Savvy investors and dream home dreamers – listen to this because it offers the best of both worlds.

This property comes fully equipped with a spacious living area and incredibly large veranda, 2 kitchens, 2 bathrooms, 3 bedrooms, 2 floors and rear lane access and the option to add a car space – so it can be two homes in one.

The options are pretty much endless, but here’s some we thought of:
– Live in one and rent the other
– Renovate into a beautiful forever home
– Keep the unrivalled $1195/week rental income until you’re ready to move in
– Or rent out both separately.

It’s currently leased until July 2021 at $1195 a week by professionals, offering instant reliable income and a high yield. The local area also has a low rental vacancy rate of 1.9%, capital growth is at 15%, 51% of the local demographic are renters and 58% are between ages 20 and 40.

No matter how you look at it, these numbers all check out.

Or, if you’re looking for your own piece of Sydney to claim, remember, you can change absolutely anything you want about a property except the location! It doesn’t get any more flexible than this, really.

Forget everything you think you know about Surry Hills – here is the smart buy you’ve been looking for.

Let’s make it happen with Lumsden.

For sale by Openn Negotiation (flexible conditions auction conducted online). The Openn Negotiation is underway and the property can sell at any time. Contact the sales agent immediately to become qualified and avoid disappointment.

NOTE: Please do not attend the open home if you are experiencing any flu like symptoms. We will provide masks and hand sanitiser to be used during all open homes, we have a maximum of 35 people allowed at once in the property and we ask that you please practice social distancing during your time with us. Thank you.

Property Features
  • House
  • 3 bed
  • 2 bath
  • Land is 140 m²