Newtown, Southern Suburbs

12770261

It’s not often you get a property in a premium Newtown location that has ample possibilities for both Investors and Owner-occupiers. This wonderful place does this while is sitting up in the Sun near the top of Lawrence Street, how exciting. Currently configured as 3 flats (2+2+1) this place will be an excellent investment property OR is ripe for those who want a great home and don’t mind doing the work to get what they want, a third possibility is live in one flat and rent the others. The top floor that is currently configured as 2 flats (2+1 brm) and could easily be turned back into one home again, while the income from downstairs will help pay for it. The downstairs flat is immaculate, the upstairs ones certainly need some love and updating but provide endless opportunity. Here’s some of the features.
• Premium Newtown Location – Highly Sought-after spot
• Excellent Sun from its elevated position
• Potential to renovate the two top flats into one home again (they need some love) or just update them.
• 3 income streams in highly sought-after area
• Double Garage Space (single door, double in size) Currently rented separately at $185 per week.
• Great back yard that gets amazing sun
• Close to the Hospital, Newtown Village and all that this great Suburb offers
• Excellent Public transport options nearby
• Building Inspection & LIM Report Available to serious purchasers
• Current rents $1460 per week (appraised at $1650) 22A $360 22B $360 22C $555 Garage $185

*PLEASE NOTE – NO OPEN HOMES – VIEWING IS BY APPOINTMENT ONLY*

I could go on and on it’s such a good place, but this is one you will just HAVE TO SEE. This is a great opportunity for either investors or Renovators. If you want to tick boxes like Location, Sun and potential, then this one will do all of that and more.