Now must be sold! Vendor is now ready to sell!
Current rental income - $50,318 PA with potential of $59 000 PA.
This residential property is divided into 1 and 2 bed flats. Fully renovated around 22 years ago. An investment with development potential. Perfectly located on a 994.3 SQM quiet and peaceful battle-axe block opposite Mt Colah Railway Station. Bushland views. Zoning is Commercial (E1 Local Centre) with the current use being Residential. It is your opportunity to buy for first time in 32 years.
Buyer options:
- Current use - an investment with 3 income streams OR live in one flat and rent out the other two. Residence divided into 3 flats around 60 years ago or more. Tenants pay rent on time and have been living in the property for very long periods.
- See Zoning Certificate for potential developments subject to DA.
Don't miss out as Vendor instructs us to sell now. Call John 0414 914 268 to organise an inspection.
Disclaimer: While every care has been taken in producing the above information, no warranty is given or implied to the accuracy. Prospective purchasers are requested to take such action as necessary to satisfy themselves in this respect.
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