A golden opportunity awaits the serious investor or developer to capitalize on the enormous potential offered by this property .

Positioned in a premier location just minutes to the wonderful cosmopolitan atmosphere of Newtown’s King Street Cafe & Shopping strip , transport , Sydney Uni and much more .

This property is Zoned Residential 2B (Medium Density)has RLA with a frontage of 11.9m on a block of 371.6 m . Currently it consists of 7 x Studio Apartments in original condition on one title with three under cover car spaces. Three of the studio apartments have balconies.

This property returns approximately $ 90,480 annually .

Council Rates – $ 900 pq Water Rates – $ 998 pq