SOLID INVESTMENT OR SPACIOUS 2 BEDROOM HOME
Unique opportunity to purchase this freestanding double brick home split into 2 apartments, both currently leased. If you are not looking for an investment then this exceptional property can easily be restored back into a spacious 2 or 3 bedroom home with further room to renovate or extend (STCA). Another option would be to live in one flat and lease out the other flat.

The front apartment is a spacious studio featuring timber floors, well presented kitchen & bathroom, large room with high ornate ceilings & large wall to wall built-in, separate dining area, internal laundry as well as private front paved courtyard with easy care gardens.

The back apartment is a private and tranquil1 bedroom unit featuring timber floors, well presented eat-in kitchen, neat bathroom with separate internal laundry, large bedroom with high ornate ceilings & large wall to wall built-in, spacious living room, easy care gardens as well as a private rear paved courtyard with pergola area that is ideal for entertaining.

Solid rental return with a combined total of $660 per week:
Front studio flat is rented at $260 per week on a continued lease.
Back 1 bedroom flat is rented at $400 per week with lease agreement expiring in November 2013.

This property is centrally located on the border of Leichhardt & Lilyfield, with only a minute’s walk to Norton street, cafes, restaurants, shops, schools and light rail.