12 Lower Almora Street MOSMAN NSW

UNDER INSTRUCTIONS FROM THE TRUST COMPANY Set on a level 417m2 approx. parcel of land, this unrenovated freestanding weatherboard cottage presents a stunning opportunity for those seeking to redevelop and create their dream home (subject to council approval). In one of Balmorals premier positions, nestled approximately 100 metres from the beach, this north-facing property is also within a level stroll of parkland, Queenwood School and a tempting selection of local restaurants.? ? – Two double bedrooms, bathroom, gas kitchen – Casual dining area, inviting living room – Sunny verandah with park and water views – Vast garden with level sun-drenched lawn – Secure garage, multiple vehicle off-street parking – First-class location, exceptional possibilities Approximate quarterly outgoings: ? ? Council rates: *$500* ? ? Water rates: *$227* ? ? TOTAL: *$727* per quarter Tenancy Schedule ? ? *$529 pw* rent *(below market rent)* on expired lease Total annual rent: *$27,584* Estimated current market total rent: *$44,321 pa* / *$850 p/w* Approximate land dimenions: 9.145m x 45.72m Approximate land area: 418m2 approx. Zoning: 2(c) Residential Auction: Level 1, 55 Harrington Street, Sydney, 10:30am Tue, 22 March 2011 Details: [LINK: dbpage.php?pg=view&dbase=members&id=13] Andrew Croll 0409 530 133 or andrew@croll.com.au Solicitor: Lauren Gidley, The Trust Company Legal Services : (02) 8295 8346, Level 4, 35 Clarence Street Sydney NSW 2000, lgidley@thetrustcompany.com.au; ajefferys@thetrustcompany.com.au A copy of the contract for this property can be downloaded from the [LINK: http://www.croll.com.au/dbpage.php?pg=view&dbase=listings&id=785141] Croll Real Estate website Two photographs of Balmoral Beach are location shots. Co-agent: Harriet France 0408 936 373