NOT VERY OFTEN DOES AN OPPORTUNITY LIKE THIS PRESENT ITSELF IN KALINGA TO ACQUIRE AN 850SQM LEVEL BLOCK ON 2 LOTS WITH 4 X 1 BEDROOM AND 1 X 2 BEDROOM BRICK FLATS WITH A HOLDING INCOME OF $102,440 PA IN A BLUE-CHIP SUBURB.NEW HOME BUILDERS OR HOUSE DEVELOPERS WILL KNOW THE TRUE QUAILTY OF THIS PROPERTY'S LOCATION OVERLOOKING THE EVER POPULAR "MELROSE PARK" WITH MULTIPLE QUALITY SCHOOLS, EASY ACCESS TO BUS, RAIL, PLANES AND MAJOR ROAD INFRASTURCTURE BUT STILL MAINTAINING A PERFECT FAMILY ENVIROMENT. THIS PROPERTY AFFORDS YOU THE OPPORTUNITY TO LAND BANK WITH A HOLDING INCOME WHILE YOU DECIDE TO….1. HOLD WITH A PASSIVE INCOME FOR FUTURE GAINS2. RENOVATE AND INCREASE YOUR RENTAL YEILD 3. DEMOLISH, BUILD 2 INCREDIBLE HOMES FOR A TIGHTLY HELD MARKET4. DEMOLISH, BUILD AN INCREDIBLE HOME FOR YOURSELF AND SELL THE OTHERTHE CHOICE IS YOURS, SO MAKE IT YOURS, CONTACT PETER TORNABENE 0412 879 136Inspections by appointment in consideration of the Tenants.Info Facts-BCC Rates $8, 512paWater $5,724 paReturn $102,440pa with massive potential to increaseLeases till September 2026Individually metered for Elect & GasForm 2 Sellers Disclosure available
