SoldSep 9, 2022

8 Railway Parade, Taree, NSW, 2430

$300,000

3
3
1
727 m²

House

17 days on the market

Sold: Sep 9, 2022

What's around 8 Railway Parade

SOUND INVESTMENT OPPORTUNITY IN CENTRAL LOCATION

This centrally located property that is unique in its nature with potential to yield multiple income streams. Is in its bare original condition. The property is vinyl clad and iron roof construction. Features 3 x 1-bedroom flats that have room for improvement and need of major and serious renovating both inside and out. Flat One: 1 x Bedroom, loungeroom, Kitchenette, Dining room, bathroom with shower over bath combination, vanity basin and toilet, provisions for laundry room. Flat Two: 1 x Bedroom, loungeroom, Kitchenette, bathroom with shower over bath combination, vanity basin & toilet. Flat Three: 1 x Bedroom, large loungeroom, kitchen with pantry, bathroom with shower over bath combination, vanity basin, separate laundry, and toilet. All flats have separately metered power and NBN access Single lock up garage This property is an ideal project and opportunity for the savvy Real Estate investor or trades person that is not scared of hard work and is ready to roll up their sleeves to get their hands dirty. Set on 1 title - 727 sqm block zoned light industrial with primary purpose residence that is centrally located and with-in an easy walk to supermarkets, entertainment facilities, pubs and eateries. The property represents a great opportunity to buy into a good area and with work could potentially yield perpetual and multiple income streams.

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