Web Ref#PN4542
This is an exceptional opportunity to secure a unique multi-income property in a prime central location.
With a total of 9 bedrooms. The main house at the front of the property consists of two units (1 bedroom at the front with a separate lounge and 2 bedrooms at the back) both tenanted. There's plenty of scope here - renovate, redevelop or reconfigure to maximise value.
Behind this is a solid block of three classic 1970s brick and aluminum 2 bedroom units. all tenanted, adding further income security. Each unit is Healthy Homes compliant. Together all the flats return a gross rental of $1,780 per week, providing strong holding income while you explore the future possibilities. Cross lease titles and combined Rateable Value as at 1 September 2024: $1,595,000
Centrally located, close to city amenities, transport and schools, this is an opportunity for investors, developers or land-bankers to secure a rare multi-income property in a growth area.
Limited viewings by registration and appointment.
TO BE SOLD AS ONE BLOCK
By Negotiation
Bedrooms: 9
Bathrooms: 5
Ensuites: Nil
Garaging: Nil
Car Ports: 2
Age: 1920's and 1970's
Roof: Tile Profile & Iron
Joinery: Wood & Aluminium
Heating: Heat Pump x5
Dining: Open Plan
Kitchen: Open Plan
Exterior: Weatherboard & Brick
Style: House + 3 x Flats
Insulation: To Healthy homes standard
TradeMe YouTube Video Key: V5qfzizf_sU
Local Council: PNCC
Total Annual Rates: $14,428.94
