First Impression
This property was converted many years ago into two units and the rental income from the upper floor unit is currently $650pw. Assuming the Ground floor unit would rent for the same this property would be highly negatively geared at this price range. To convert back to a family home would require significant investment but would create a fabulous home in a fabulous location if undertaken.
Things we love
- Excellent location
- Potential to convert to family home
- Parking for three cars
Things to consider
- Needs investment to turn back into a family home
- Internal layout feels boxy
- East facing rear aspect