175 Lake Road, Elermore Vale, NSW 2287

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Multi Dwelling Residential Investment Opportuntiy

Welcome to 175 Lake Road Elermore Vale, a unique and spacious residential development perfect for investors or syndicates looking for a well maintained low cost investment. This block of villa type units features 5 self contained dwellings consisting of 4 x 3 bedrooms plus 1 x 2 bedroom with their own lock-up garaging all on one title.

This unique opportunity is well maintained and is offered for sale for the first time spread across a generous land area of 1480 sqm providing a solid and consistent income stream currently returning $123,760.00 with future rental upside.

Purchase as is with the excellent returns or take advantage of the opportunity to further develop as strata title units, with total building areas of 596 sqm plus common private outdoor areas for each..

Located in a convenient and sought-after area, this property is sure to impress, close to shopping, schools and John Hunter Hospital with transport near by. . Don't miss out on the opportunity to make this property your own. Offered for sale by Expression of Interest Contact me today for further information.

Daryl Johnson

Licensed Agent

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Property Info:

Property ID: L27305588
Property Type:Block of Units
Building / Floor Area:596 sqm
Garages:5
Open Parking:5
Land Area:1480 sqm

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