OTTO Annandale, 161 Parramatta Road, Annandale
161 Parramatta Road, Annandale
Description
JLL and Knight Frank is pleased to bring to market 66 Brocks Lane, Newtown, known as OTTO Newtown.
Situated in the heart of Newtown, OTTO Newtown is ideally positioned within Sydney's premier education corridor, just a 10-minute walk* from the University of Sydney and a 3-minute walk* from King Street's renowned retail, dining, and entertainment precinct.
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Attributes
Land area gross
542 sm
Keys
24
Media
Investment highlights
- 24 fully self-contained accommodation studios ranging from 21 sqm* to 60 sqm*
- Highly sought-after Newtown location, just 650m* from the University of Sydney
- Only 270m* from King Street’s retail, dining, and entertainment precinct
- Walking distance to both Macdonaldtown and Newtown train stations
- Net passing income of $805,048* per annum.
- Recently completed offering generous depreciation benefits.
- Positioned within one of Australia's most established student accommodation catchments
*Approximately
A 100% interest in 66 Brocks Lane, Newtown is available via Expressions of Interest closing on Thursday 7th of December at 4pm.
For more information or to arrange access to the data room, please reach out to the exclusive sales agents.
Contact brokers
OTTO Newtown, 66 Brocks Lane, Newtown (0 Properties)
