115 Bowman St, Swansea NSW 2281

Add this to your Self Managed Superfund! Opportunity to secure this mixture of Bedsitter and 1 Bedroom Flats occupying a superb waterfront location in the heart of Swansea Shopping Centre.
*11 Flats on two land titles. Approximately 1,043 sq. metres of land with prime 30m road frontage.
*Zoned R3 Medium Density.Lake Macquarie City Council
*Long established high demand rental history with very little vacancy.
*Established Jetty and Boat Ramp approved under Licence
*Timber frame construction and clad.
*Communal Laundry.
*Gross annual income of $83,980 with scope to increase following renovations.
*Easy walk to R.S.L. Club, Public Library, Medical Centre & Post Office.
*Public Transport at door.
*Possible Land Bank for future Residential Re-Development subject to L.M.C.C approval. (Developers Note.)
Enquiries Welcome. Inspections only by prior appointment.