These two flats spread over two levels situated amongst the trees high above Red Hill offer a unique opportunity to hold a solid investment with huge potential and still retain an excellent return in the short term.
The upstairs flat consists of 2 bedrooms, an enormous living area and similarly large eat-in kitchen with serene views over Red Hill's Flora reserve. Downstairs are three bedrooms, separate dining and living, and access to your very own copy of the Jenolan caves in the Blue Mountains doubling as outdoor living, unusual yes, but compelling and relaxing as well.
The block is 564m2 with a large 15.5m2 frontage giving ample opportunity to create a large home in a quality position in the future. There is significant precedent in the street with a number of homes selling for over $1 million.
This property presents excellent value with extremely motivated sellers eager to move on.