Ray White Hurstville are pleased to offer for Auction this outstanding opportunity to purchase a corner block of four (4) units each with a lock up garage conveniently located approximately 800 metres to Kogarah Railway Station.
The property represents a superb investment with the opportunity for future strata subdivision (Subject to Council Approval).
Property Highlights Include:
* Consisting four (4) x 2 bedroom units
* Fully leased with gross annual rental of $80,140 approx
* All with separate lock up garages
* All with front balconies and rear entrances
* Potential to renovate and increase rents
* Spacious eat in kitchens
* Site Area 464 sqm (approx.)
* Zoned "R4 High Residential
* Height Limit 14.50 metres
* Floor Space Ratio 1:1
* Regular bus services to Kogarah
* Conveniently located with easy access to Kogarah, Rockdale and Hurstville Shopping Centres
* Rare opportunity not to be missed