On the cusp of Petersham's village heart and 260m to the station, this unique property makes an ideal cash flow prospect or exciting redevelopment opportunity. Comprising two Federation terrace homes on a north-east to rear 695sqm block and currently configured as 12 rented rooms, 7 bathrooms, registered as 9 bedroom boarding house, it comes with DA approval to renovate to 15 self-contained apartments. Harness its current fully leased income, work with the DA or explore your own options in a coveted Inner West address.
High Points
- Wide fronted terrace homes on an exceptional level north-east to rear 695sqm
- Front entry porches, bright well-presented rooms, many fitted with built-in robes
- Most rooms feature their own tidy kitchen or kitchenettes and ensuite bathrooms
- Communal laundry facilities plus additional toilet, shared deep grassed backyard
- Tenants in place gleaning excellent income, DA held with no need for planning
- 250m to Lewisham Station, 450m to Petersham Public School, 150m to the bus
- 300m to Petersham's 'Little Portugal' dining and shops, 450m to Petersham Park
- Rare offering with scope to complete the current DA or further capitalise (STCA)
For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au
