House for Sale
- About this property
Good Lord!Property ID KOH23186What a great opportunity for a creative thinker! Renovate this former 1920's convent back to better than new! Maximize the wow factor by refurbishing the beautiful timber fascias and fittings, the native timber stairwells and rails and the spacious timber floors. Built of very substantial brick, concrete and masonry walls this tired old lady will require seismic strengthening if the building is to be saved. The end result could be outstanding. There is room at the rear of the large 1626m2 site for a major extension to the main building and plans have been drawn to provide suggestions for that improvement.
The building can be demolished and under the new Unitary Plan the site may be suitable for apartment and townhouse development up to 18 metres in height.
AS A LONG TERM INVESTMENT THE RENTAL RETURN is around $350,000 pa, with many long-term tenants.
Viewing by appointment only.
ParkingOff Street Parking
InteriorHot Water Gas Kitchen Standard Bathroom Separate Shower / Combined Bathrooms / Ensuite Stove Electric / Gas Retic Interior Joinery: Wooden Interior Condition Good Lounge Combined Lounge Dining
ExteriorBase Concrete / Brick Roof Concrete Tile Exterior Condition Good Aspect Northerly / Easterly / Southerly / Westerly Views Urban Levels Above Ground Amenities Gas In Street / Transport / Shops Water Extra Features Town Section Contour Level / Sloping / Mixed Sewage City
ChattelsCurtains, Drapes, F/Floor Cover, Light Fittings, Stove