EXCITING OPPORTUNITY - CHARACTER PROPERTY SPLIT INTO 3 FLATS WITH 3 LOCK-UP GARAGES
Elevated on a deep 480sqm (approx) block with a rear north-east aspect and dual street access, this large character property offers an exciting chance for both investors, home owners and smart developers to reap solid rewards. It currently comprises three separate flats, a large grassy sun-soaked garden and garaging for three cars via Poate Lane. Add it to your investment portfolio and enjoy an ongoing income stream, redevelop into one house or capitalise with a multi-dwelling development (STCA). A terrific opportunity of rare size and location on a whisper-quiet street, it is a short walking distance to Queen Street village and Centennial Park plus sports grounds and lifestyle attractions at the Entertainment Quarter.
- 3 large flats - to be sold as one property
- 2 x 2-bedroom plus 1 x 3-bedroom apartment
- All feature distinct living & dining areas
- Gas kitchens, single bathroom, own entry
- Generous sunny garden, shared laundry
- 3 x single lock-up garages, access via Poate Lane
- Income stream or redevelopment STCA
- Walk to shops, parks & sports grounds
Council rates: $796.38pq
Water rates: $522.63pq
Land size: 480sqm (approx)
FSR: 1.25:1
Zoning: R1 General Residential
Unit 1 (2 bedroom)-Current Rental: $650 per week -Expired lease
Unit 2 (2 bedroom)-Current Rental: $650 per week - Lease expiry: 16 July 2017
Unit 3 (3 bedroom)-Current Rental: $760 per week -Lease expiry: 21 June 2017
Lot/Plan No: 1/DP176111 翻譯中文