143 Croydon Road

Built in circa 1880, this huge Victorian manor-style residence, with the most exquisite original features intact, has been converted into four flats with a proven rental history. Set on 652sqm in a prized Inner West location, the property lends itself to restoration as a magnificent family home or development into strata titled apartments. Rental income previously totalled over $77K per annum - with enormous scope to boost returns by undertaking property updates. Bordering Croydon and Ashfield, this ideal lifestyle address places CBD buses, shops, eateries, parks and some of Sydney's finest schools within walking distance. Whether by retaining apartments, or reverting to a spectacular home, or undertaking a stately strata conversion, savvy renovators and investors alike are poised to carve lucrative rewards from this unique opportunity. Currently 1 x 3 bed + 2 bath; 2 x 2 bed + 1 bath; and 1 x 1 bed + 1bath layouts All apartments feature gas kitchens and unique attributes, such as cast iron fireplaces Soaring ceilings with stunning roses and cornices; etched and coloured glass Original timber work includes picture rails, wide skirtings and architraves Long driveway to three huge lock-up garages; two detached laundries Front and rear lawns and gardens with plenty of lush treed privacy Prime lifestyle location close to city transport, great schools and much more Unlimited potential to renovate, fully restore, or strata for maximum profit Area: 652.1sqm approx Council Rates: $956.90pq approxWater Rates: $697.04pq approx Adrian Abrook 0412 569 800David Diamantopoulos 0418 569 800 LJHooker Marrickville LJHooker Dulwich HillLJHooker Canterbury3 offices - 1 team