Entire boutique block offering a solid return and enormous potential

Investors and developers will be highly impressed with this boutique complex of eight apartments providing a quality opportunity with excellent cashflow. This well maintained block comprises a mixture of one and two bedroom apartments all in good condition and ready for immediate occupation. The property offers an income generating prospect of approx. $151,840 pa and potential to increase this amount further through additional renovations or further development (STCA).

- 6 X two-bedroom & 2 X one-bedroom apartments to be sold
- Outstanding rental scope with excellent annual returns
- Fresh & bright interiors, with minor renovations completed
- Private balconies plus parking allocated to each apartment
- Potential to further update apartments and increase rental yield
- Scope to explore development possibilities to fully capitalise
- Walk to Wiley Park station, local schools, shops and amenities

Additional details

  • Land size approx 766 m2

14 8 9

PRICE

Contact Agent

For Sale

Share this
property

Email to a Friend

Selling agent

Alex Mastoris

0414 567 878 

Email Agent