A great opportunity to acquire a whole block of 12 units to be sold in 1 line as a freehold investment in this vibrant multicultural centre of Fairfield. This well looked after building has future Strata subdivision and Development potential (s.c.t.a). Only a short 10 minute walk of some 600 metres to the Railway Station and thriving Shopping Centre. Features:-
Whole block of 12x 2 bedroom apartments
12 car spaces - Spacious and all with balconies
Huge block of 1251m2
Currently zoned R4 High Density Residential
Potential gross income of $200,000 p.a approx
A not to be missed investment opportunity with great cash flow and premier capital growth prospects with the UPSIDE of Strata Subdivision possible, increase rents, or hold and redevelop (s.t.c.a)
A great opportunity to acquire a whole block of 12 units to be sold in 1 line as a freehold investment in this vibrant multicultural centre of Fairfield. This well looked after building has future Strata subdivision and Development potential (s.c.t.a). Only a short 10 minute walk of some 600 metres to the Railway Station and thriving Shopping Centre. Features:-
Whole block of 12x 2 bedroom apartments
12 car spaces - Spacious and all with balconies
Currently zoned R4 High Density Residential
Potential gross income of $200,000 p.a approx
A not to be missed investment opportunity with great cash flow and premier capital growth prospects with the UPSIDE of Strata Subdivision possible, increase rents, or hold and redevelop (s.t.c.a)