SoldDec 16, 2019

239 Forest Road, Arncliffe, NSW, 2205

$1,515,000

4
1
2

House

•

30+ days on the market

Sold: Dec 16, 2019

What's around 239 Forest Road

Rare and Magnificent Dual Purpose Property Opportunity

4 bedroom home and approved workshop with 2 street frontages - Investors and Homebuyers look out! This is a fantastic investment opportunity, returning approx. $71,240 p.a. A fantastic opportunity to purchase two unique properties set in a great location on one title. Possible subdivision S.T.C.A. This unique property comprises of - A double brick home known as 239 Forest Road, Arncliffe. Features include: - 4 large double bedrooms - Currently leased for $620.00 per week - Separate spacious lounge & dinning area with seamless outdoor flow - High ceilings - Large kitchen area - Bright & airy home ready to move into - 2 car spaces - Moments to Railway Station, buses, shops & parklands Separate large mechanic workshop at the rear known as 270 Wollongong Road, Arncliffe. - Currently leased for $750 per week, with a new 3 x 3 year lease - Great exposure - Endless possibilities Council Rates: $219.00 per quarter approx for workshop, $460.00 per quarter approx for house Water Rates: $315.00 per quarter for both workshop and house

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