Drummoyne

TREMENDOUS LOCATION & POSITION!!

Other | Sold!

15 bedrooms
8 bathrooms
9 car spaces
$2,670,000
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Description

-Ultimate location and position, unbelievable and Uninterupted water and bay views
-Existing block of 4 x 2 bedroom units, curently tenanted at $70,000 per year.
-have many choices keep the building as is or just refurbish and recieve a higher rental return of around $130,000 per year, or add an extension on existing building STCA, and recieve rental return of over $250,000 per year.
plans have been prepared and lodged need to resubmit plans, new plans are designed for 3 units with uninterrupted water views, 2 of the units are garden apartments.
-site area 932 m2,
-Potential new builidng, units will have private outdoor areas, 1 basement, parking for 9 cars, landscaped gardens, high ceiling, garden landscaping,.
Develop your own boutique and exclusive project, this is a rare offer, Water and district views, Level land, 100 mters to water rear lane access to water and bay, top location in this exclusive suburb with water and district, great sales on completion, units with views in our opinoin will acahive over $1.5 Million each
-Top opportunity, top location, close water, transport, and shopping centre, main roads, top street position
-CLOSE TO Transport, restaurants, cafes, schools, clubs, water

Property Location