Built in the 1880s, this substantial 162m2 building has certainly stood the test of time. Situated in an area where neighbouring owners are actively upgrading and redeveloping their properties, this is a genuine opportunity for buyers seeking a project with future upside.

The property is configured into two flats. The upstairs unit offers two generously sized bedrooms, a kitchen and dining area, and a separate lounge heated by a heat pump. It was previously rented at $300 per week. The downstairs unit is a spacious one-bedroom residence featuring a large living area with a heat pump, dual access, and excellent storage, currently rented at $220 per week.

Additional features include a separate garage, extensive basement storage, and an additional off-street car park. The location is highly convenient, just a short stroll to the Exchange and the CBD.

Whether you're looking to renovate and restore the charm of this historic building or explore redevelopment options (subject to consent), this property presents a rewarding opportunity. Viewing is strictly by appointment.