- About this property
- Investment data
Strata Titled Block of 6 Units Rare Opportunity to Invest or Development Potential (Zoned B1)Property ID 1922994First time offered in 50 years, this family owned investment, built in the 1960's, is a low maintenance two storey walk-up Strata block comprising of six units (4x 2br and 2x 1br).
With a Blue Chip Eastern Suburbs location, underwriting strong future yields, this solid double brick construction is set on a 432sqm block of land with side driveway leading up to lock-up garage and storage areas, with provisional parking for 3 to 4 vehicles.
Zoned Neighbourhood: B1
Floor Space Ratio: 1:5
12 Metre Height Limits
Land Size: 12.19m x 35.44m
432 sqm (approx.)
Suite Investors, Redevelopment or Addition Potential (S.T.C.A)
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Strata Title Other Information Council/Shire Bayside Council Lots in Complex 6 Floor Types Carpet Financial Details Rental Income (Weekly) $2,545 * Gross Annual Income $132,703 * Nett Annual Income $132,703 *
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.