OPPORTUNITY KNOCKS HARD
Located in a vibrant Annerley precinct, a short walk to shops, Restrauants and Cafes, this brick block comprises 5 flats – 4 x 1 bedroom and 1 x 2 bedroom. Constructed with concrete floors and lock up garages and separate laundries they have huge potential to add value by renovating the 5 flats and increasing returns. Current returns for the 1 bedrooms Units are $220 to $230 per week and the 2 bedroom $270.00 per week.
OR
Add 2 extra flats (subject to BCC Approval) as per concept drawings to maximizes the valuable LMR zoned 870sqm land in sought after Annerley.
Walk to Bus, Train, Cafes , Shops and Restaurants. You are in the heart of a development hot spot.
Offers Over $1,150,000
Open For Inspection @ Unit 2
For further information, please contact Tom Sumbulla.