With two huge 3 bedroom flats- one upstairs, one down, plus a large block ripe for development (STCA) all on the one title, this is a once in a lifetime opportunity for investors, developers or anyone looking for a potentially lucrative property investment.
The downstairs flat consists of three good sized bedrooms running off a wide hallway with large storage cupboards. The living area is at the front of the unit and has decorative built in storage and display cabinets. There is a heat pump in this area.
The living room opens into the practical -U- shaped kitchen with walk in pantry. Through the kitchen is a large utility room that opens into a fully fenced backyard with a storage shed. There is also a large family bathroom with bath and shower over. This also doubles as the laundry.
Upstairs is a very large three bedroom flat with a large balcony taking in district and river views. You can enter via stairs that lead onto the balcony or take the back stairs that lead into an enclosed vestibule.
This flat has a huge living area with wrap around windows and a heat pump. This room opens onto a separate dining area and large sunny kitchen. There is a charming display cabinet separating the dining area and kitchen.
The master bedroom at the front of the flat is bright and sunny with great views, plus built in robes. There are two other bedrooms running off a wide hallway which includes storage cupboards. There is a cute 1950's family bathroom with bath and shower over and separate laundry. Outside is an enclosed backyard with a garden shed. Plus off street parking for three vehicles at the front of the building.
The flats are currently rented until June 2015 with a combined rent of $475 pw.
Behind the two flats is a subdividable block (STCA) that runs into (Ashbourne Grove). This block has a garage and shed and is the perfect development prospect for more units (STCA) or build your dream home here (STCA) and rent the two units - the possibilities are endless.
Two large three bedroom flats plus 814sqm block
Currently tenanted at a combined rent of $475 pw
Large rooms throughout
Light bright living areas with views
