17A Lovel Street, Katoomba NSW 2780

The Phone Code for this property is: 62486. Please quote this number when phoning or texting.

This is a unique property consisting of 7 freehold apartments on one title. The apartments are nestled in the beautiful world heritage-listed Blue Mountains on a land size of approx. 512 sqm.

Features include:
• 6 x 2-bedroom, 1-bathroom apartments, all have internal laundry
• 1 x 3-bedroom, 1-bathroom apartment with internal laundry
• Built in Wardrobes in most bedrooms
• 1 onsite car parking space and plenty of off-street parking
• Unique freehold block of apartments
• Fully Tenanted
• All 7 apartments have long-term tenants
• Gross yield of approx. 5% pa
• Spectacular views to the southeast
• Walking distance to the town centres of Katoomba and Leura
• Approx. 450m to Katoomba Train Station & approx. 1.5km to Leura Train Station
• Close to local amenities such as the Katoomba RSL, schools, public transport, restaurants/cafes and supermarkets such as Woolworths, Coles, Aldi and other speciality shops
• Approx. 1 hour to the future Badgerys Creek Airport
• Leura is also home to one of the best hospitality schools in the country, the Blue Mountains International Hotel Management School (run by Torrens University)

This is an opportunity that doesn't come along every day and is one not to be missed.

An inspection is a must to view this property's full potential.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.