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Iconic Mayfield Property With High Returns
This iconic circa 1900's home is located on the corner of Buruda and Tourle Streets in Mayfield West and boasts 1,012sqm of land.
DA approved for use as 5 Units in 1967 and then later converted as approved, each unit contains its own bedroom, bathroom, living space, generous courtyard and undercover off street parking.
Features include:
- Configured as five units under one title
- All separately metered for electricity, water and gas
- Large courtyards
- Undercover off street parking on all - one with garage
- Potential to strata title
- $66,040 per annum return
With a fantastic rental yield of $1,270 per week, 1 Buruda Street is not to be missed and would make for a great addition to any investors portfolio or an excellent opportunity to add value by renovating and subdividing STLCA.
Do not miss this fantastic opportunity so call today for more information or to book your private inspection.
DA approved for use as 5 Units in 1967 and then later converted as approved, each unit contains its own bedroom, bathroom, living space, generous courtyard and undercover off street parking.
Features include:
- Configured as five units under one title
- All separately metered for electricity, water and gas
- Large courtyards
- Undercover off street parking on all - one with garage
- Potential to strata title
- $66,040 per annum return
With a fantastic rental yield of $1,270 per week, 1 Buruda Street is not to be missed and would make for a great addition to any investors portfolio or an excellent opportunity to add value by renovating and subdividing STLCA.
Do not miss this fantastic opportunity so call today for more information or to book your private inspection.