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* Located on the Paddington/Red Hill border
* Post war, purpose built flats
* Each flat is individually metered
* Presenting an excellent net return
* Low maintenance property
These neat and tidy flats are situated on a flat 737m2 block on the border of Paddington and Red Hill. Offering the savvy investor an excellent net return, or the option to demolish and redevelop in the future, this property offers exciting scope to transform into your dream investment or home!
The purpose built post war property consists of two flats, both with 2 bedrooms, 1 bathroom, and a spacious living area with front & rear entry. The tidy kitchens are complete with gas cooking and both flats have light filled open plan living spaces. Each property has been allocated an undercover car space and shares communal laundry.
Within 4kms to the CBD, this block of flats are perfectly positioned to enjoy close proximity to inner city amenities, while also offering quiet leafy surrounds. A short drive connects you to the best Paddington has to offer with bustling cafes, restaurants and specialty stores. Paddington Central Shopping Centre offers all your grocery needs in one place. Well connected via public transport, the property is close to a range of quality schools and is within the Ithaca Creek State School catchment.
This is a fantastic opportunity for the astute property investor looking to add to their portfolio, or those looking to build their dream home on the city’s fringe.
This property won’t last long - call today to secure your inspection time!