Rare value add complex of six already strata titled two-bedroom apartments, presents a wealth of money-making possibilities for your next investment venture. Maintain the existing structure or embark on a transformative redevelopment on this prime 1,019 sqm property with the ability to build four more apartments. This hard-to-find gem suits prudent investors and developers alike.
Currently generating a robust income exceeding $130,000 per annum, the complex offers a blend of strong cash flow, significant development or refurbishment potential, and the promise of substantial capital growth. This property represents a unique opportunity to add true value. With great inland views available from the property and perched on the border of Inglewood, this is a prime opportunity for you to make money!!
Each apartment is an average size of 55 sqm, complemented by, undercover parking for all units. The complex itself is primed for a modern upgrade, presenting an excellent opportunity for enhancement, and increasing immediate returns or possible Airbnb.
As the new owner of 133 Crawford Road, you will be afforded a diverse range of options. Whether you choose to maximise the extremely viable option of the existing structure, pursue a completely new redevelopment, or explore the possibility of adding four additional units to the site (subject to Council approval), the flexibility of this property is unparalleled! With six established strata titles and a wealth of upgrade, redevelopment, strata titling, and value add possibilities, this is an exceptional and rare opportunity not to be overlooked.
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