House for Auction
- About this property
Solid Concrete Block Investment 10 TitlesProperty ID BDW21676One owner has owned this entire block for over 13 years. Time for him to move on. This is a perfect opportunity for someone who is looking to own a block outright. Yes you are the body corporate, you have full control and make all the decisions.
A great opportunity to add value to a block that has been rented out somewhat philanthropically over the past while with many long term tenants still paying rentals from days gone buy.
All of the units are 59m2 (more or less) with an open plan kitchen, living and dining. And two double bedrooms with a bathroom and separate laundry.
Five up, five down solid concrete block units They are in various degree of renovation. Some are fairly original and other have been beautifully renovated with stone bench top, breakfast bars, walls relined and painted etc.
Perfectly positioned for confirmed supreme capital growth. Look back at the history and see how well these 1970's shy colts have bolted. Will you be around to see them as stallions! Close to everything that Ellerslie has to offer, close to transport, motorways, Sylvia Park, Nature reserves, golf courses etc.
Long term investment with Development opportunity and when the time is right you can sell them all off as they are individually titled 10 car ports and sitting on a good block of land. If you are a wise investor looking for a great long term hold with a better return than the bank, and a pet project call me!
Open homes Saturday 3.45pm to 4.15 pm and Tuesdays 12.00 to 12.30pm
Or viewing by appointment.