Case Studies

25, 27, 29 Hardy Street & 58 Sackville Street Fairfield NSW 2165

These properties represent an exceptional opportunity to acquire this DA approved development site on a corner location and capitalise on the holding income of $174,720* per annum from three (3) houses facing Hardy Street and four (4) townhouses facing Sackville Street.

Additional highlights outlined below:
• DA approved for 55 apartments
• Preferred unit mix (5 x 1 bedroom, 46 x 2 bedroom & 4 x 3
• Practical design
• Site area 2,290m2*
• Current combined passing income of $174,720* per annum
• Ideal corner location
• Minutes to Fairfeld Railway Station & Shopping Centre

The property was sold under the hammer, at Ray White’s in room auction at an excellent price.

Sales Analysis
Sale Price:$5,830,000
Land Area:2,290sqm*
Town Planning:Zone – R4 High Density Residential

Floor Space Ratio – 2:1

Height Limit – 6 Levels

$/Unit Site:$106,000*
$/sqm Land:$2,546 psm*
Sales Date:November 2017
Sale Type:Public Auction
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