68 Station Street
Waratah


For Sale $1,000,000 - $1,100,000

3

Property Features


Property ID: 3409979

Council Rates
$2900 per year
Water Rates
$2038 per year
Building Size
286 m2
Land Size
329.00 m2

Airconditioning

A Rare Block of Commercial and Residential Dwellings


This block of three apartments and two commercial shopfronts invites a rare opportunity in central Waratah. A smart investment with plenty of pluses and a potential weekly return of approx $1,450, the apartments are in good repair and ready to rent with off Street parking available. One shopfront has a long term tenant with a recently renewed lease. Located amongst a cluster of shops and cafes with good street appeal, this is a central site close to transport and approx 15 minutes from the CBD.

* Brick built block with a mix of commercial and residential dwellings.
* Two shopfronts, one with a long term lease, one ready to rent.
* Apartments are comprised of 1 X 2 bedroom and 2 X 1 bedroom homes.
* Each apartment is neat and tidy with private laundry facilities.
* Open living, full kitchens with good storage, built in robes, full bathrooms.
* Private balconies to two homes, off Street parking to the rear.
* Set and forget investment option with nothing needed to spend.

Council Rates: $2,900 PA approx
Water Rates: $2,038 + Usage PA approx
Rental Potential: $1,450 PW approx