INSPECT: Saturday 12:00 – 12:45pm
AUCTION: On site Saturday 11th of August 2012 at 4:00pm
CONTACT: Fabian Cabrera & Pamela McGuiness 0418 297 105
A rare opportunity to secure this grand Victorian residence currently divided into 11 flats with own kitchenettes returning approximately $73,000 per annum. With the potential to increase the income return to approximately $130,000 (subject to market demand), this is an ideal long-term investment situated in an area with very high demand due to the close proximity to both Burwood and Strathfield stations and shopping centres.
* Currently 11 flats which can be converted to 12 (2 flats have been joined together)
* Wide up stairs balcony
* Original period detail throughout, striking timber staircase, multiple ornate fireplaces
* Access to driveway for 9 cars
* Walk to cosmopolitan Strathfield and Burwood shops and only a short walk to Strathfield train station
Boasting grand proportions and an imposing corner block setting, this landmark property is one not to miss.
Total Land Area: 890sqm approx.