Occupying an impressive 651 sqm 2B(I) of north facing level land, this small character block of just 4 apartments offers a coveted blue chip investment package, along with a lucrative opportunity for redevelopment (subject to council approval). While the building is in good, solid condition, there is scope to update and add value plus the potential to strata title and capitalise on individual re-sales. In one of Sydney’s most sought after rental markets, these apartments will provide excellent returns with low vacancy rates.
- 4 x 2 bedroom + sunroom/study apartments
- Sun-filled eat-in kitchens with gas cooking facilties
- Separate living room, entrance hall & high ceilings
- External laundries, enormous park-like rear garden
- Attractive long term investment for superannuation portfolio
- Currently leased for $1,970pw
- Less than 1 min to Blair St 7-Ways & 5 mins to beach