This dual-site property spans an impressive 1714sqm (more or less) of prime land, zoned Business - Mixed Use, providing a wide range of development possibilities. Comprising 12 Healthy Homes Compliant units with a total of 20 bedrooms, this offering delivers strong rental income and significant long-term potential.
Key Features
• Zoning: Business - Mixed Use, offering flexibility for future redevelopment.
• Utilities: Both stormwater and wastewater services are onsite, with no wastewater constraints.
• Stability: Fully tenanted with long-term occupants, ensuring steady cash flow.
• Upside Potential: Current rents have not been reviewed recently, presenting an opportunity to increase returns to reflect market rates.
Property Breakdown
6 Atkinson Avenue (1 Title)
• Unit 1/6: 2 bedrooms, 60.2sqm
• Unit 2/6: 1 bedroom, 50sqm
• Unit 3/6: 1 bedroom, 50sqm
• Unit 4/6: 2 bedrooms, 60.4sqm
• Unit 5/6: 2 bedrooms, 60.4sqm
• Unit 6/6: 2 bedrooms,
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