This charming traditional block of 12 apartments including lovingly preserved features and leafy outlook, provides a golden opportunity for investment in the highly sought after Leichhardt precinct and only moments away from eclectic Norton Street.
Set upon a generous 771sqm2 block, within walking distance to local shops, cafes, transport and schools. This rare opportunity offers supreme potential allowing the purchaser a multitude of flexible options as a standalone investment with strong returns and potential capital growth.
* 2x 2 bedroom units and 10x studios
* low maintenance full brick building with off street parking
* fully tenanted
* scope to add value - opportunity plus

Land size: 771m2
Gross rental income: $2,862 pw or $148,824pa
Council rates: $1,884.75pq
Water rates: $2,063.52pq
Insurance: $3,577.10pa
Electricity: $952pa