LIVE, INVEST, DEVELOP – 2222sqm & $115,000 rental pa
This is a rare opportunity to obtain a large 2222m level block of land with 20.2m frontage, with the potential to subdivide to 3-4 blocks, or build up to 8 townhouses (STCA). Other possibilities include a Knock Down Rebuild, childcare centre or addition of a granny flat or two or combination of these. Both premises are currently tenanted, providing instant rental income over $115,000pa while development plans are with council. Situated in a peaceful, leafy street, the property is close to Epping Public School and in catchment for Epping Boys and Cheltenham Girls.
**Properties are for sale individually or combined**
26 YORK – two storey dwelling divided into four flats (F)
- F1-1 bedroom, F2-2 bedroom, F3-2bedroom, F4-3 bedroom
- All flats self-contained with own kitchen, bathroom, living area
- Two carports and loads of off-street parking; level front lawn
- Room for a tennis court.
26A York family home plus self-contained flat/office
- Multiple living areas include family, rumpus, casual meals area
- Self-contained flat has bedroom, living, bathroom and kitchenette
- Additional building suitable for home office with separate entry
- A/C in main house, double carport, generous L-shaped balcony
BOTH with current long term tenants provide an instant investment income
- Ideally located walking distance to shops and transport interchange
Pre lodgement approval for a subdivision was approved in 2014. Survey diagrams available. Immense scope to further capitalise in a sought-after area. Now under Parramatta council for even more potential down the track.
To be Auctioned together first then individually if needed
Auction: Sat 1st Oct, On Site 12:30pm