57 Margaret Street, Mayfield East NSW 2304

Set on an approximate 930 square metre level block, this enormous home was originally built early last century. Decades later it was converted into two separate, two bedroom flats. The property underwent a full renovation in 2006.

Each flat contains a spacious living room, two large bedrooms, a modern kitchen, a family bathroom and separate courtyard. There is driveway access on both side boundaries of the property which allows for off street parking for four cars.

The current weekly gross return is $640.00. The property boasts an approximate 18.6 metre frontage and is zoned R2 Low Density Residential.

This property represents an outstanding opportunity to secure an investment with the potential for future redevelopment (subject to Council approval).