SOLD $575,000 22ND JULY AT AUCTION

3-5 Albion Terrace CAMPBELLTOWN

Sold on 16th Aug 2010

Auction

  • 22nd July 2010 - 12:00PM at On Site

Sold By

Description

PAUL BATEMAN 0422936645 – Huge Rental income of $580 Per Week – Unique investment opportunities like this do not come often, with so many options this is a definite must view for any astute investor or developer !

Set in a popular suburb with many new developments and quality housing already under construction the potential here is enormous with so many possibilities.

On offer, to be auctioned as a whole, are two semi-attached neat 3 bedroom dwellings on a total land size of a massive 1348 square metres approximately.

Each dwelling has 3 excellent sized bedrooms, lounge room, open plan kitchen and dining area, separate bathroom, separate toilet and laundry. They also have fenced rear yards with porch and clothesline and long driveways for plenty of off-street parking.

Currently the homes have enormous rental income
– 3 Albion – $265.00 per week
– 5 Albion – $315.00 per week

The land also has the potential to be subdivided into 3 allotments (STCC)

Just think of the possibilities here !!

– Purchase and rent out the dwellings now for immediate income, with the potential to
subdivide in the future and sell the land (STCC)
– Rent out the dwellings now, subdivide in the future, build 3 new homes and sell as
total house and land packages (STCC)
– Alternatively you could rent out now, subdivide at a later date and build 3 new
homes Live in one and sell the other two (STCC)
– Knock down the existing dwellings and subdivide into 3 allotmentsbuild your dream
home on one and sell the other two blocks (STCC)
– Knock down the existing dwelling and build your dream home on one massive
allotment with room for a pool (STCC)

The properties are located close to all amenities including shopping centres, quality schools, transport, hospital, parks and only minutes to CBD it is a wonderful location in an excellent area.

With the attractive option of receiving immediate rental return while you contemplate your plans for the future this is one fantastic and unique opportunity not to be missed !

For all enquiries Please contact Paul Bateman on 0422936645 or email on paul.bateman@raywhite.com

Particulars

  • 6 Bedroom
  • 2 Bathroom
  • 2 Garage

RLA: 199467

Similar Properties