INSPECT: By appointment
FOR SALE: $895,000 negotiable
CONTACT: Peter S. Hernfield 0412 219 584
This property is very unusual, it can be a home for a large family or it can be rented as 2 x 2 bedroom apartments plus a studio apartment and there are also 2 storage rooms totalling 50sqm.
The property for sale occupies the entire top floor of this block of 3 apartments. The total size is 816sqm, so the people who live here can use the very large backyard as a common area. If a buyer was to rent all the rentable space, it would include 2 x 2 bedroom apartments (the larger of the apartments has quite a wide balcony with clear views to the city skyline, and the second self-contained apartment), a self-contained studio, and 2 large storage rooms totalling 50sqm.
The potential rental for this property which is on one title, is approximately $1,100 per week. The rental return is based on the potential rental per apartment, studio, and storage area. The owners will have 50% voting rights.
Located in a quiet tree-lined cul-de-sac close to Croydon station, Croydon Primary School, PLC, and Burwood Girls High School.