$1,050,000

5 Bed  •  2 Bath  •  6 Car  •  885m²

Main view of Homely house listing, 23 Springwood Street, Blackwall NSW 2256
Floorplan of Homely house listing, 23 Springwood Street, Blackwall NSW 2256
Second view of Homely house listing, 23 Springwood Street, Blackwall NSW 2256
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Sold

23 Springwood Street, Blackwall NSW 2256

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$1,050,000

  • 5
  • 2
  • 6
  • 885m²

House Sold on Thu 11 Mar, 2021

What's around Springwood Street

House description

“Three incomes; Torrens title block; large investment opportunity”

Representing an unrivalled investment opportunity in a quiet, highly sought-after location, this unique property offers triple income stream on one title. Incorporating the original, partially renovated three bedroom house, near new granny flat plus large double garage. Each with independent access and fully tenanted with long standing tenants happy to renew leases.
- Three incomes; Torrens title block potential return of $1,000 plus per week
- Three bedroom home currently tenanted for $430 per week
- Additional near new, two bedroom cottage, $320 per week
- Secure double garage potentially return of $150 per week
- Fully approved; annual council rates approx. $2,700 per year combined
- Each property is completely private with separate access
- Opportunity to capitalise; original house partially renovated
- The existing tenants are reliable and wishing to remain in place
- Wonderful opportunity in a desirable, highly sought-after location
- Within close proximity to all amenities; 90 minutes to Sydney

KEY DETAILS:
Council Rates $2,074pa
Water Rates $634pa

Council rates

$2074 Yearly

Land details

Area: 885m²

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23 Springwood Street, Blackwall NSW 2256
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