Perfectly positioned minutes to public transport and Petersham's shopping precinct this substantial property comprising six self contained lettings is a blue chip investment in one of the suburbs best locations. Situated opposite Petersham Park and just minutes to Norton Streets cafes on a generous parcel of land approximately 554sqms with dual street access and comprising three individual residences. Principal residence is a substantial bay fronted Victorian property containing two flats, spacious two bedroom to the front and one bedroom flat to the rear. The two storey rear building fronting Fishers Reserve was possibly the original coach house and comprises two one bedroom flats plus a spacious ground floor studio. The final residence is freestanding single level one bedroom flat fully self contained. A fantastic investment in a most sought after location with excellent tenants currently in place. Further cosmetic enhancement would reap even greater rental returns.

Flat 1: Spacious two bedroom with original features (marble fireplaces), eat-in kitchen and separate bathroom currently returning $330.00 pw

Flat 2: Self contained one bedroom rear of front house returning $265.00 pw

Flat 3: Self contained granny flat currently returning $265.00 pw

Flat 4: Self contained one bedroom flat rear house currently returning $300 per week

Flat 5: Self contained studio ground floor rear house entry from Fishers Reserve currently returning $245.00 pw

Flat 6: Self contained first floor flat rear house entry from Fishers Reserve currently returning $255.00 pw.

Total current gross annual rental return $86,320.00