Inspection By Appointment
This prized property has loads to offer and a great rental income. The property comprises of two allotments on the certificate of title for future redevelopment subject to council consents, and there are two street frontages.
The property is comprised of one dwelling converted into two, one of which is a post office and the other a residential home and both are leased therefore the land is enjoying dual incomes.
At the moment the post office with a secure lease is returning and annual income of $10,587.48 and the residential home is returning an annual income of $13,200.00
The residential home comprises of three bedrooms, gully kitchen, formal lounge and dining areas. There is a large rear yard with garaging and ample room for cars.
The land holding is 735.66m2 with a 12.19 meter frontage by 60.35 meters deep.
The zoning is NCE (RP)45 Neighbourhood Centre (Royal Park) PA45
There is loads of room for further improvement regarding the rental return and the dwellings; it’s a great investment opportunity not to be missed.
Further enquires please do not hesitate to call private inspections welcome.