After more than 40 years of ownership, the vendor is calling time. They want this 3-flat property SOLD on auction day.
Recently returning a conservative $1,395 per week from three 2-bedroom flats, after upgrading this will be an income-generating asset with massive upside. Set on 830m², the original two flats were purpose-built in the 1970s, a third added in the 1990s. These flats are now vacant and can only be rented subject to meeting building compliance and tenancy regulations.
Deferred maintenance is evident, this project is not for the faint-hearted. If you've got the skills or the vision for your financial independence and your next high-yield project, bring your tools and your calculator - the numbers stack up. Highly recommended.
To be sold strictly "as is, where is" - no second chances. Vendor's instructions are clear. Auction day is decision day - be ready.
