The property market in New Farm is still running hot. Spread out over 759sqm of prime level land you will find these four flats, 1 x 1 bedroom, 2x 2 bedroom and 1 x 3 bedroom.

The dwelling itself was once a grand old home before being converted to flats. This makes a great opportunity to convert back to a home or possibly apply for a demolition order. It was built prior to 1945 so demolition is not a definite.

On the other hand you could just leave the property how it is and enjoy the capital growth. The rental return is just over $50,000 per annum min out goings and all flats are tenanted as the property is in walking distance to New Farm Park, Power House Museum, Merthyr Village and most other amenities that our fabulous New Farm has to offer.

For further information and arrange a private inspection, please call Cameron Woods on 0407 495 355.