Rare offering and unique opportunity to acquire 8 x 2 br units, ideally suit investor/superannuation fund buyer or developer with unlimited potential. Positioned on large land site area frontage 17.17m x depth 59.89m with a total area of approximately 1028sqm, Council Zoning: B4-Mixed Use. Possible Development potential (STCA). The entire block is fully let with a current GAR of $145,600 PA (Note all on expired leases). Original exterior with each unit comprising two bedrooms, combined lounge/dining, balcony or enclosed sunroom and some with updated kitchen and bathrooms with side driveway to 2 x lock up garages plus 6 x carspaces. Excellent location and within an easy level stroll to Burwood Plaza Shopping Centre and train station.
Approx Outgoings:
Council $935 p/q
Water $2435.50 p/q
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