Positioned in a quiet cul-de-sac in Charlestown, this two-story, five-bedroom residence sits on an impressive 1,328m² block, offering incredible potential for homeowners, investors, and developers.
Dual Self-Contained Apartments with Strong Rental Return
This property is set up as two self-contained apartments, making it an ideal dual-income investment with a combined rental return of $980 per week.
Upstairs: Features a kitchen, open-plan living and dining, two good-sized bedrooms, and a street-facing balcony off the living area.
Downstairs: Includes a kitchen, living and dining area, three good-sized bedrooms, and a bathroom.
Comfort & Convenience
Both levels are self-contained and have their own bathroom, and the home is equipped with air conditioning and ceiling fans throughout, ensuring year-round comfort.
Development Potential
With DA-approved plans for nine deluxe apartments, this property also presents an exceptional redevelopment opportunity in a sought-after location. Embrace the future of housing redevelopment choices as the new Low and Mid-Rise policy opens doors to innovative living proposals for this property with new height limits to build up to 22m!!
Don't miss out on this versatile and high-return investmentcontact us today for more information!
