Sold
30 Stoke Street, Newtown
6012
$825,000
Home
6 beds / 3 baths
260 square feet
THIS IS A GOLDMINE
PLEASE TAKE NOTE: Investors, Home & Income Buyers, Builders, Developers and anyone else that wants to make money.... 30 Stoke Street is one of those opportunities that just don't come along often enough. This 3 flat property on a premium site that is elevated, located right in the heart of Newtown and is truly a goldmine. (Not all rooms are shown here at Tenants request). Features include;
• 1 x 4 Bedroom Flat ($636.00p/w)
• 1 x 1 Bedroom Flat ($270p/w)
• 1 x Bedsit Flat ($230p/w)
• 1 x Garage
• Large Section with (Possible Sub-division)
• Potential to add more rooms upstairs
• Sunny Elevated Spot
With a current weekly income of $1136 ($59,072p/a). Add in the chance to add rooms while removing the chimney (this is required for higher rating re WCC IEP) the upstairs could easily have 6 rooms that would rent for $159 each, boosting the current income by $318 per week (+$16,536 p/a). You do the maths then hit the phone and book a time to view. The section has a parcel of land at the back that could possibly be sub-divided. This is not one to miss, contact Glenn NOW. For Sale by Tender Closing 27th June 2013 at 4pm at Tommy’s Real Estate 209 Victoria Street.
PLEASE TAKE NOTE: Investors, Home & Income Buyers, Builders, Developers and anyone else that wants to make money.... 30 Stoke Street is one of those opportunities that just don't come along often enough. This 3 flat property on a premium site that is elevated, located right in the heart of Newtown and is truly a goldmine. (Not all rooms are shown here at Tenants request). Features include;
• 1 x 4 Bedroom Flat ($636.00p/w)
• 1 x 1 Bedroom Flat ($270p/w)
• 1 x Bedsit Flat ($230p/w)
• 1 x Garage
• Large Section with (Possible Sub-division)
• Potential to add more rooms upstairs
• Sunny Elevated Spot
With a current weekly income of $1136 ($59,072p/a). Add in the chance to add rooms while removing the chimney (this is required for higher rating re WCC IEP) the upstairs could easily have 6 rooms that would rent for $159 each, boosting the current income by $318 per week (+$16,536 p/a). You do the maths then hit the phone and book a time to view. The section has a parcel of land at the back that could possibly be sub-divided. This is not one to miss, contact Glenn NOW. For Sale by Tender Closing 27th June 2013 at 4pm at Tommy’s Real Estate 209 Victoria Street.
