This collection of four apartments on one title presents an outstanding opportunity for the savvy investor or those looking for a home plus income. It boasts a prime corner setting with access via Corunna Road, excellent north and north-east exposure and stunning city vistas from its upper level. It comprises of two x two bedroom apartments and two x one bedroom apartments all very neat and spacious with modern appointments. Gated and secured from the street, it includes three off-street car spaces. With tenants in place, it's a wonderful opportunity in a prime lifestyle setting steps to the bus, rail and Norton Street's delights.
Securely gated from the street, intercom access
Solidly built traditional buildings, high ceilings
Three apartments in one building & one stand-alone
All feature modern kitchens and bath with laundry
Spacious living rooms and large bedroom suites
Reverse cycle a/c, upper level balcony with views
Stand-alone boasts a courtyard, two storage sheds
Approx current income yield is $107,120 per annum
Land size: approximately 312 square metres
Council rates: approximately $2,315 per annum
Water rates: approximately $2,224 per annum
Located just six kilometres from the CBD, Petersham is a suburb perfectly positioned for future growth. Steadily growing in popularity and prestige, Petersham is now being discovered by a new wave of buyers who love it's classic architecture, convenient setting and close-knit community feel.