What an exciting offering within this fantastic Sandringham location. Up on the rise, in an elevated position, you have 3 rental flats on one title.
• Freehold section with 713 square metres of land (more or less)
• Zoned Mixed Housing Urban
• Huge potential for renovators or investors to add value and increase income
• All long-term tenants
• Currently returning $64,000 per annum
• Great city-fringe location, close to the CBD, easy motorway access and moments to Sandringham village!
• Excellent school zones secure the demand for the flats or any future development (in zone for Mt Albert Grammar School, Kowhai Intermediate, Balmoral Intermediate School and Edendale School)
With an abundance of options available here, do your due diligence and secure this rare property.