Description
* Fabulous residential opportunities..
* Existing Art Deco 4 apartment building circa 1930’s
* Landbank and holding income
* Stunning home site or redevelop like for like
* The location speaks for itself! Ocean views.
* Does it get any better?
This is a unique opportunity to acquire this amazing investment. First offering since 1966!
Purpose built block of 4 apartments comprising two 2 bedroom and two 1 bedroom units currently leased at $90,220pa
Jarrah flooring, high ornate ceilings, access front and rear, private terraces
812sqm block with gazetted lane to northern boundary. Redevelopment options under TPS 3
Council rates: $4,633 p/a approx.
Water rates: $3,672 p/a approx.
Property Features
- BlockOfUnits
- 6 Bedrooms(s)
- 4 Bath
- 4 Garage
- 812 (m²) Property Land Area