Rare and exciting development oppor...
|Area:||992 m 2|
Forthcoming Auction unless sold prior
A rare and exciting opportunity exists to purchase two neighbouring properties on separate titles to be sold in the one line. Zoned R4 high density and primed for development, this incredible offering presents the option to reside in one property and receive passive income from the other, develop over time offering multiple development opportunities (STCA). Both properties are positioned on easement free level blocks occupying 430sqm and 562.8sqm respectively. 2a Alice Street North is in good condition and currently tenanted at $600 per week, while 262 Lakemba Street is in original condition but with solid bones and presents excellent potential . - 2a Alice Street North comprises 3 beds, 2 baths, 2 cars - Well presented interiors with separate family/living/dining - Neat and tidy kitchen, good sized bedrooms, - Self contained teenage retreat - Private sun bathed backyard amid established gardens - Currently tenanted with a rental return of $600 per week - 262 Lakemba Street comprises 3 beds, 2 baths, 3 cars - Original condition with exciting potential - Separate lounge/dining, beautiful soaring ornate ceilings - Oversized master bedroom, classic original fireplace fixtures - Rare potential to re-create/re-build contemporary dwellings - Close to Wiley Park and Lakemba Stations, shops, schools Total are 992.8 (approx) This exceptional prospect boasts a highly sought-after location, within minutes of Wiley Park and Lakemba Stations, village shops, parks and schools. View; By appointment only Auction; Forthcoming unless sold prior Contact; May Aoun 0416 027086
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