Presenting a rare opportunity to purchase a property that generates great rental income and offers a fantastic opportunity for future development in one of Sydney’s most sought after locations. With a highly desired and appealing R4 zoning, this opportunity is calling all developers and savvy investors, featuring:

Total land area of 983sqm with a 20.42m frontage
Huge future development potential with R4 zoning (STCA)
Currently set up as 6 townhouses in a strata scheme
2 x Three bedroom townhouses
4 x Two bedroom plus study townhouses
Current Rental Income: All 6 townhouses are generating approx. $3,100 in rental income per week
Prime development location being short walk to Punchbowl station and Punchbowl shopping vicinity