Set in a central location just moments from Clovelly Beach, shops and cafes, this boutique art deco block offers a unique investment and development opportunity. Built circa 1930's, the charming period details are apparent through its chevron brick façade, high ceilings, and original leadlight windows. To be sold as four strata apartments in one line, there is further opportunity to add value with immense potential to refurbish, renovate or redevelop (STCA).
- 4 x 2 bed strata apartments, land size 543.7sqm approx.
- High ceilings, plate rails and leadlight windows
- Classic Terrazzo entrance, sash window and door frames
- Common laundry and storage, front and rear entrances
- Scope to upgrade apartments and increase rental return
- Parking for 5 cars on title, extra room for shared parking
- Short stroll to transport, cafes, shops, beaches and parks
- Zoned R3, 0.75:1 FSR, 9.5m height limitAll apartments currently under rented with possible immediate increases or upgrade further to fully maximise rental potential.
Conjunction Agent:
Van White Property Group - Vanessa White
0418 619 166
vanessa@vwpg.com.au
