Explore a unique investment opportunity in the lively Corso Italia neighbourhood! This detached residential property offers significant potential for renovation and increased value. The main and upper floors units are currently tenanted, providing immediate rental income, while the lower unit has been underpinned and is ready to be finished to your specifications. The property requires updating, and proposed plans are available, offering a clear vision for potential improvements and increased value. A rear double car garage has been built ready to be converted to a garden suite, enhancing the property's value and income potential. Directly across from a large green space, providing a pleasant view and recreational opportunities for tenants. Corso Italia is known for its rich cultural atmosphere, excellent dining options, and a strong sense of community. With two units already generating income and the lower unit ready for finishing, this property offers a promising return on investment. (id:51532)
Property Summary |
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Building |
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Level | Rooms | Dimensions |
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Second level | Living room | 4.42 m x 2.41 m |
Kitchen | 2.34 m x 2.16 m | |
Bedroom | 4.42 m x 3.33 m | |
Bedroom 2 | 3.2 m x 2.72 m | |
Third level | Bedroom | 4.32 m x 3.81 m |
Main level | Living room | 4.34 m x 2.79 m |
Kitchen | 2.57 m x 2.11 m | |
Bedroom | 3.71 m x 3.33 m | |
Bedroom 2 | 3.33 m x 3.33 m |
Features | |||||
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Detached Garage | Separate entrance | Central air conditioning |