This charming complex offers the savvy buyer a unique opportunity in this thriving Inner West suburb. With enough scope to update or improve to reap the rental return benefits, properties like this are a rare find and usually don't last long.
Set on a large corner block at the Grosvenor Crescent end of a cul-de sac, this property features 2 units upstairs each with 2 bedrooms, combined living/dining, kitchen, and 1 bathroom.
This level also has its own lockable entrance door with internal foyer and staircase.
The ground level has 2 units, each with 1 bedroom and a study, 1 bathroom, combined living/dining areas and a kitchen.
Externally there is a double garage with adjoining laundries and an extra WC.
Upstairs has undergone a recent renovation, with polished floorboards and internal painting.
Downstairs units are currently tenanted for a combined amount of $875/week and one garage is rented for $70/week.
Features include lovely period details such as patterned ceilings, picture rails, polished timber floors, terrazzo floors, and bay windows.
• Total of 6 bedrooms
• 4 bathrooms
• 2 garages
• 2 external laundries
• Large block with outdoor common area and manicured gardens
• Period details
• Potential for increased rental returns
Council rates: $4100/year
Water rates: $3500/year
