Three for the price of one!
A rare opportunity to own three flats on one title. This 1907 property was converted into two flats some decades ago. Then in the 1960s a further addition was intended for nearby railway workers, resulting in three flats ever since. Flat A returns $240 per week, has two bedrooms and a heat pump. Flat B has 1 bedroom and a heat pump, returning $185 per week. Flat C is rented for $205 per week, has two bedrooms and a wood burner. All three flats enjoy their own yards and off-street parking spaces, and there is a large tandem garage. The corner site is 850m2 of prime land for future development, situated in popular West End always appealing to a wide range of tenants. The current owners have added considerable value including a new roof, painted exterior, some piling work, partial wiring, fences for privacy, and much more. With a total return of $630.00 per week, this opportunity is too good to pass by.