Often sought but rarely found. An exceptional project opportunity in this premium Inner North location - literally minutes to everything & anything.
The lifestyle precincts of the CBD and Braddon are a short Metro light rail ride away, the Dickson shopping centre and Wooley Street restaurant precinct only moments walk too.
In absolute origin condition , it represents a myriad of possibilities for the owners, the only limit is your imagination and passion for what is possible to create. Alternatively, a quick tidy up, lease and land bank for future growth. With rental vacancy rates at historic lows - our property management team have said "It will be very popular with tenants."
Offering a generous land holding of 491m2, situated in a picturesque tree-line street, this double storey home consists of good sized open living area with a Northerly aspect.
With access to some of the regions best schools, Downer is fast becoming a bright star within the Inner North offering a very unique lifestyle, that's characteristic to the area, which is proving evermore popular from a wide range of demographics - professionals, retirees and young families alike.
HIGHLIGHTS:
- Lovely tree-lined street
- 491m2 level block
- UCV $592,000 (2021)
- Double brick construction
- Individual title duplex
- 3 generous bedrooms
- Separate bathroom and toilet
- Open plan lounge/dining room
- Large laundry with storage and additional toilet
- Built circa early 1960's
- Rental potential $600-650 p/w (with some upgrades)
- Walk to Dickson Centre, Metro Light Rail & CBD
- Vacant and ready for immediate possession
- 30-45 day settlement terms available
OUTGOINGS: (per annum)
- Rates $4,013 approx.
- Water Sewerage $686
Auction: On-site 10am, Saturday 19th February, 2022 (will not be sold prior)
