It is not everyday that an opportunity to acquire an expansive block of land with two separate incomes in a blue ribbon location comes to market. Here's an opportunity to secure a potential development site (STCA) that will pay the mortgage until you are ready to build.
This flat 765.1m2 block has a wide 15.24m frontage offering duplex potential (STCA). Take advantage of its rental income of $740 today or its development potential tomorrow. The choice is yours.
Main Residence offers:
• Original home which is currently rented out for $380 per week on an expired lease
• Two bedrooms and sunroom
• Original kitchen and bathroom
• Separate lock-up garage plus workshop
• Flat backyard with plenty of yard space
Granny Flat offers:
• Currently leased for $360 per week, lease expires on the 14/10/22
• Two bedrooms with built-in wardrobes
• Open living, dining and kitchen area
• Well presented kitchen 40mm stone bench tops and induction cooking
• Private courtyard at the rear
• Side access to the granny flat
Centrally located only steps away from Condell Park shops and only moments away from Revesby M5 entry and exit, Bankstown's growing CBD, train station, excellent local primary and high schools, Bankstown Central, Bankstown hospital and places of worship.
