Positioned right on the border of Bardon/Paddington awaits by far the most exciting buying opportunity for 2017. 37 Macgregor Terrace sits on 749m2 over 2 lots with endless possibilities, in a prominent high position with views of Paddington. Potential rental return of around $2,000 per week. Two huge depreciation plans in place (with solid tax benefits) due to the massive development and the use of first quality building materials (hard wood timber floors and decks, Italian tiles and appliances etc.).
Please see a break down of each property:
37A (Character Home) – Large four bedroom, 1 bathroom home, living room, kitchen and tenants in place.
37B (Apartment) – Renovated 2 bedroom, 2 bathroom apartment with an ensuite in each bedroom. Large outdoor entertaining area. Built in robes in both bedrooms with car parking.
37C (Apartment) – Renovated 2 bedroom, 2 bathroom apartment with an ensuite in each bedroom. Large outdoor entertaining area. At the back of the block towards the bottom.
37D (Apartment) – Renovated 2 bedroom, 2 bathroom apartment with an ensuite in each bedroom.
Public transport at your doorstep and within easy walking distance of the shops, restaurants, cafes and nightspot’s of Paddington, the Barracks, Petrie Terrace, Park Road Milton, and Rosalie (less than 3 km from cbd). Possibility to use it as Principal Place of Residence and Investment at the same time.