Council approved 'new generation'11 apartment boarding house.CC 98% complete. Rare opportunity for any builder, developer, astute investor or institutional buyer. Rents averaging $420 per room, per week. Approval for three car spaces, bicycle and motorcycle parkingTwo street frontage Currently a freestanding home leased at $1,526 per weekPlans and DA available by requestSites like this are often sought, but seldom foundMain residence with big kitchen and three bedrooms Generously scaled separate living and dining roomsTwo self-contained granny flats each with private accessTwo standalone lock up garages, additional room for storeSun drenched blank canvas backyard, large laundry room Laneway and street front access, established leafy settingReceiving a long north facing aspect, handy location
Distances:
2.1km to UNSW2.5km to Maroubra Beach 5.3km to Airport 950m to Westfield EastgardensCurrently double brick original freestanding home divided into three self-contained residences. You will find an abundance of under utilised internal space and a great blank canvas garden awaiting a plan. With direct access to Eastgardens' blossoming lifestyle precinct the home is a short walk to Snape and Jellicoe parks, efficient public transport and Kingsford's vibrant restaurant strip.

Council Rates: $700 per quarter approx
Water Rates: $192 per quarter approx

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it. All interested parties should make and rely upon their own enquiries.