A very interesting investment proposition. All on one title, five older bedsit style units. One block of two, one of three. Formerly Department of Housing, located within two blocks from the centre of Laurieton CBD, 215 metres up the hill from the fish co-op wharf. Enjoys a consistent rental history under the current ownership and has a potential gross return of over 7%pa. Land area 930m2, level and regular in shape and has two street frontages. Ideal for future redevelopment.