27-41 WYNDHAM STREET, ALEXANDRIA NSW 2015
Existing on site is a 5-storey mixed use development, with retail and commercial tenancies on part of the ground floor level to both Wyndham and Garden Streets. Vehicular access to the basement is via Garden Street. Alterations and additions to an existing mixed use building to convert the existing seven (7) ground floor level retail/commercial tenancies to seven (7) x1-bed apartments.
internal fit-out works to each new apartment;
new acoustic screens adjacent to the driveway for the Garden Street units;
new fencing to both street frontages consistent with existing front fence treatment in Wyndham Street;
new awning above courtyards to all apartments;
new landscaping works to new residential courtyards;
and conversion of three (3) existing commercial car parking spaces to residential spaces and conversion of two (2) existing commercial visitor spaces to residential visitor spaces.
Total 7 brand new units, Unit 60-64 are on Wyndham Street, Unit 53&54 are on Garden Street. 3 car spaces allocated to unit 53, 54 & 61; all other have motorcycle spaces / scooter bays
Walkind distance to
Redfern railway interchange (500m),
bus stop (200m),
University of Sydney (1000m),
National Innovation Centre, Channel 7 Head Office (350m),
Alexandria Medical centre (250m) and
Alexandria Park (350m) etc.
Price range will be suitable for First Home Buyers to get the benefit of total sum up to $35,000 Rental yield will be 5-6% for investors. Brand new finishing will make the investors to maximize the depreciation for their tax deduction.