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Description: Property Overview
• Large 5-bedroom house
• Council-approved dual living
Upstairs: 3 bedrooms
Downstairs: 2 bedrooms
• Subdivision DA approved for an additional dwelling (major upside potential)
• Current Tenancies
• 1/57 Blackall Terrace. Rent: $525 per week
• 2/57 Blackall Terrace. Rent: $475 per week
• Total Current Rental Income
• $1,000 per week
• $52,000 per annum (gross)
• Key Highlights
• Strong holding income
• Long-term leases in place
• Council-approved dual living
• Subdivision approval already secured
• Ideal for investors or developers looking to land-bank and build later
*Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
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