UNDER CONTRACT

REDAN - 225 - 239 Yarrowee Parade

Unique Opportunity, Great Returns and Potential to Subdivide (STCA)

$380,000 - $410,000

- Great opportunity, outstanding allotment of approximately 1145 square metres
- 4 x 1 bedroom flats in modest condition, rental return of $540 per week
- Flats are in need of renovation, improve and increase your returns
- Flats are perfectly positioned to the left hand side of the allotment
- This leaves a large parcel of vacant land to the right, sewer in a great location
- Subdivide the flats onto one title, seperate the land for additional dwelling (STCA)
- Perhaps two additional dwellings could be constructed (STCA)
- One of the flats is vacant and can be inspected, advertised for lease at $140 pw

Agent Details: