Unmatched Investment Opportunity with Development Potential
Welcome to 319 Chambers Avenue, an exceptional property offering unparalleled potential in the coveted East Albury area. With its stunning panoramic views and convenient city access, this residence presents an extensive range of possibilities for a diverse range of buyers.
Currently functioning as a dual-income property, the upper level boasts a spacious three-bedroom home, while the lower level features a charming one-bedroom unit. The upper residence showcases an airy open plan living area, a well-appointed kitchen equipped with gas cooking and a dishwasher, three generously sized bedrooms, and a full bathroom. It is currently rented at $375 per week.
Recently updated, the lower residence includes a brand-new kitchen and bathroom, along with a comfortable bedroom featuring built-in robes. This unit is currently leased at $240 per week, providing an additional income stream. Moreover, the property offers the convenience of under-house storage and an expansive backyard, perfect for various uses.
Expand your portfolio by adding this property, infuse new life through strategic renovations to enhance returns, convert it into a single dwelling for a more spacious living environment, or capitalize on the site's development potential and construct your dream home or investment property. The choices are abundant, and the possibilities are limitless.
Encompassing approximately 717m2 of land within the esteemed "Old East Albury" neighbourhood, this property's position will only grow in prominence as the city expands and development progresses eastward. Don't miss out on this extraordinary opportunity to acquire a blue-chip investment in an ideal location with promising prospects for the future.
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