Nestled within the ever growing suburb of Mowbray and situated overlooking trendy Invermay and the city, this wonderful investment opportunity lies in waiting. Originally a large 1920′s style homestead with all the character from the era still in full view now is 2 well sized flats. The larger of the flats features 2 bedrooms, formal lounge room, kitchen, large bathroom, single carport plus additional off street parking and a private yard filled with greenery. The second flat is very versatile 2 bedrooms or 1 bedroom and a study, formal living area, combined laundry/bathroom facilities and a single carport. Having the privacy off the road and positioned at the rear of the block, this property is a hidden treasure. Both flats currently tenanted for $330.00 per week to exceptional tenants and located within walking distance to the Mowbray Shopping Complex, Tafe, University and only 10 minutes from the CBD, what more could you ask for? Make this property your new money maker! Inspect Today!!