This property boasts seven fully leased apartments, generating an impressive annual gross rental income of $104,000. Situated in close proximity to Goulburn's main street, this site offers convenience and potential. With a sizable parcel of land at the rear, future development opportunities abound. Don't miss out on securing this valuable asset in a sought-after area where parcels of this size are scarce.
Concept designs by renowned local architect Tim Lee have been drawn to showcase the start of an array of options that could be possible STCA for this rare parcel of infill development land. Concepts include 2 options, 1 option being 5 x 2 bedroom stand alone villas. Option 2, being 18 x 1 bedroom apartments
Unit Breakdown
1 - 4 bedroom, 2 Bathroom $420.00 P/W
2 - 2 Bedroom, 1 Bathroom $270.00 P/W
3 - 3 Bedroom, 1 Bathroom $255.00 P/W
4 - 2 Bedroom, 1 Bathroom $280.00 P/W
5 - 1 Bedroom, 1 Bathroom $250.00 P/W
6 - 1 Bedroom, 1 Bathroom $250.00 P/W
7 - 1 Bedroom, 1 Bathroom $290.00 P/W
Total $2015.00