Opportunity Knocks, Deceased Estate. "INVESTMENT with strata potential into 8 X 2 bedroom units."
Located only 750 metres from Punchbowl train station, opposite Punchbowl Public School and minutes from buses and shops.
The unbeatable combination of residential and potential strata redevelopment makes this property a solid and sound investment with possibilities.
The property is on one title and contains 8 X 2 bedroom units over 2 floors and 8 car parking spaces at the rear. Situated on a large parcel of land being 893 sqm approx. Estimated Income per annum after refurbishment $175,200 or $420 per week each. Zoned R4 High Density Residential. FULL IM REPORT AVAILABLE ON REQUEST