Footsteps from the heart of Mt Eliza village with its boutiques, bakeries, restaurants and essential services, and less than 10 minutes’ walk to the beach, this large 2 unit building presents a rare opportunity for investors in search of high demand rental properties or renovators/builders in the hunt for a luxury home site.
Set on a beautiful tree-lined street with the village just across the road behind a leafy reserve, the currently leased upper and lower level units could be maintained for a great investment return or the building could be renovated and units combined into one large 6 bedroom residence.
Alternatively, the generous 925sqm (approx) could be the site of a luxury brand new home to match the calibre of its prestigious neighbours.
With beautiful bay views from the upper level, the 2 units are similar in layout, each with 3 bedrooms, 1 bathroom, laundry, open plan kitchen, living and dining, plus gas wall heating and carport.
Unit 1, on the 2nd level, has a glass door off the dining area opening to a north-facing balcony where you can enjoy the bay views with your morning cuppa, while downstairs, Unit 2 has an alfresco patio beside the ferny garden, as well as some internal refurbishments, including timber floors, updated kitchen with Fisher and Paykel double dishdrawer and stainless-steel oven, and contemporary bathroom with freestanding tub and frameless glass shower.
Currently tenanted with excellent tenants wanting to stay. Unit 2 returning $340pw.
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Lot/Plan No: 1/TP177033