Situated in one of the best streets in Chelsea, this site has an abundance of options.
Set on approximately 850 square metres of prime dirt, returning four incomes from four two bedroom units.
All four properties combined are currently returning $3,519 per calendar month. Long term tenants
with periodic leases in place. All units are capable of achieving $260-$300 per week based on comparable rentals with works.
With one unit already refurbished, there is plenty of room to grow current returns. What an investment!
This site is not subdivided offering a unique opportunity to the savvy investor.
Selling now or at auction
NB. These rental estimates of present day market value is for the use of the party to whom it is addressed and for no other purpose. No responsibility is accepted to any third party who may use or rely on the whole or any part of the content of this estimation.