**Price Now Reduced** Presenting a unique investment opportunity offering multiple income streams in a sought-after location. Situated on 524sqm (more or less) of MRZ-zoned land, this property delivers immediate rental returns alongside future land-banking or development potential.
The 220sqm (more or less) dwelling has been configured into three self-contained flats, providing flexibility and maximising yield.
• Flat 1 features one bedroom, an open-plan kitchen and living area, and a bathroom.
• Flat 2 offers a generous bedroom, separate kitchen and living areas, and a bathroom.
• Flat 3, located upstairs, includes a large sunny bedroom, a separate lounge, kitchen, and bathroom.
Currently returning $1,130 per week, $58,760 per annum, showing a return of 7.12% on the asking price.
An ideal proposition for investors seeking strong returns now with the added benefit of long-term upside.
Be Quick Phone NOW for details...
Source: As per Property Guru - floor area 220m2, Vendor, CCC.