Investors and developers will be highly impressed by the great positioning, large land size and excellent future possibilities of this blue chip property offering. This freestanding home has been converted into three separate apartments and offers an outstanding prospect with investment rewards.
Set on a 1,050sqm corner block with a wide 20m street frontage and side street access, the extra-large residence represents a prized opportunity to capitalise on a substantial inner west landholding that is already earning excellent cashflow. The home is well-maintained and presented in good solid condition and has a potential annual income of approximately $95,680 when fully tenanted.

The current configuration is 1 X three-bedroom apartment, 1 X two-bedroom apartment and 1X one-bedroom apartment, each fully contained and with their own private entrance. There is also garaging for four cars, a separate freestanding studio and spacious front and side gardens.

There is further scope to update, refresh and increase rental returns, with potential for subdivision or further development (STCA). The site is well positioned within easy walking distance to Burwood’s major shopping facilities, train station and dining options, as well as all of the area’s schools, parks and playing fields.