Positioned in the heart of South Windsor directly opposite the local shopping village, 500 George Street presents an exceptionally rare commercial and residential opportunity to acquire a complete, 100% freehold Torrens Title block of six units on a substantial 1,012sqm parcel. Delivering an immediate gross return of $152,360 per annum across a fully occupied tenancy profile with zero body corporate overheads, this trophy holding perfectly balances dependable turnkey cash flow with distinct long-term growth channels.
KEY DETAILS
Constructed in the 1980s with durable, full-brick architecture and a tiled roof, the complex comprises six spacious two-bedroom, one-bathroom apartments featuring light-filled open-plan living and dining spaces, well-proportioned kitchens, and dedicated internal laundries. The building features a versatile mix of completed interior modernizations alongside well-kept original spaces, opening immediate scope for value-add renovators to boost yields further through selective cosmetic updates. While rear laneway access provides six secure gated carports complemented by expansive front and rear lawn gardens with fruit trees and dedicated off-street maintenance parking.
Offering tremendous versatility, incoming owners can capitalize on strong passive yields, pursue a strategic strata-subdivision to sell off individual units over time, or explore the long-term mixed-use potential of its strategic zoning (STCA). With public transport directly at the doorstep and Windsor Train Station a short 750-meter stroll away, this premium asset delivers unmatched convenience, scale, and capital upside.
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