Potential! 2 x 1's + Development Possibility

You've been looking for this!
Purpose-built 1960's two flat property.
Two friends could combine forces to buy together and start on the property ladder.
Will sell way under the RV of $1,030,000!
Currently worst house in an excellent street and suburb.

And maybe the potential to build another house. Subject to approvals. Concept plan and site plan for 160 m2 new house. Disclaimer: Drawings and plan preliminary only. Ray White does not claim these can be built or subdivision done. Buyers advised to take own independent advice.
Two identical one-bedroom flats. Needing exterior paint and a few repairs. Each has a veranda and share the double off-street parking.

Were rented $380 per week each, potential to add value and further grow your rental return. Rates $4,307 pa.

Looks like building on to increase each to three bedrooms might be possible too.

Bus, train and Tennis club are all nearby.
The other option is to live in one and use the other to help pay the mortgage - what a great way to get into your own home and also start investing for your future!

Astute investors will also note the size of the land at 509m2 and the double frontage from Madras Street.

Colin Kelly 021 439 727