Rare Investment opportunity – lease or live in, renovate or develop

Rare Investment opportunity – lease or live in, renovate or develop

Rare Investment opportunity – lease or live in, renovate or develop

54 Rae Avenue, Edithvale

Under Contract

$1 million

Property ID :

 None

Bedrooms
4
Area
690 sqm

Description

Opportunities are endless! Spacious duplex on a massive approximately 690 sqm block in the heart of Edithvale. Keep the tenant/s while you build at the back (STCA) or just enjoy the lifestyle and location while you renovate.

Charming duplex, the front has two generous bedrooms plus a separate lounge room, bathroom with a bath and shower over bath and separate w/c. There is also a modern gas kitchen, with room for casual meals. Currently tenanted at $300 per week.

Formal lounge and two generous bedrooms at the back and the accommodation is completed by kitchens/meals area and another bathroom and laundry. This unit would also rent for $300 per week.

Large backyard, ideal for a massive pool and entertaining area if you decide to renovate.

This character duplex is ideally placed within strolling distance of train station, a selection of local schools, supermarkets, beautiful Edithvale beach and sporting grounds.

Townhouses in the area have sold for over a million. Don’t miss out on this exceptional opportunity, create the future you deserve!

  • Potential income of $600 per week while you obtain council approvals
  • Blocks of this size are very rare
  • Sought after location
  • Renovate and enjoy an amazing lifestyle at an affordable price
  • Develop and reap the rewards

For a private viewing please call Margaret on 0435 147 853.

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