With an abundance of period charm and set on a large 544m block, is this double brick federation home. Currently split into 2 flats with a modern granny flat at the back in order to achieve a high rental yield, which will only increase as the rental market is tightening. Recent rental increases to $1,160 rent per week. Leave it as is, or restore it to its former glory.

Of particular benefit is the zoning of R4 Zoning with a 2:1 FSR. With this zoning, there is the possibility for excellent capital growth in years to come. This fabulously located investment or possible part development property, located in Kogarah and sitting on the cusp of Carlton, is less than 200m to Carlton Station and approx 650m to Kogarah shopping strip. It will suit developers or clever investors wanting high returns and capital growth.