The options are endless here and is the perfect opportunity to land bank with a solid return on your investment. Yes, currently setup as 3-1 bedroom flats returning $760 per week (or close to $40,000 per annum) all extremely neat and serviceable. You be the judge, perhaps keep as a long-term investment with its solid returns, convert into a large family home or demolish and build on these gently sloping 551 sqm grounds (owner has current DA for removal). And you cannot beat the position in this very quiet tree-lined street with sweeping suburban vista out the back, walking distance to shopping centre, schools, cafes, restaurant and fast city transport.
Great returns…great position!