$1,690,000

5 Bed  •  3 Bath  •  0 Car

Main view of Homely block of units listing, 6 Morrice Street, Lane Cove NSW 2066
Floorplan of Homely block of units listing, 6 Morrice Street, Lane Cove NSW 2066
Second view of Homely block of units listing, 6 Morrice Street, Lane Cove NSW 2066
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Sold

6 Morrice Street, Lane Cove NSW 2066

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$1,690,000

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  • 3
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Block of Units Sold on Sat 31 Aug, 2019

What's around Morrice Street

Block of Units description

“Rare Opportunity, Prime Location”

Rare Opportunity, 863sqm unit block, in prime location, ideal for Investors, SMSF, Family Trust or Land Banking.

Invest in this rare opportunity in the heart of Lane Cove. Solid double brick, three storey apartment block on offer with 3 apartments, 2 x 2 bedroom, 1 x 1 bedroom set on a huge 863sqm block, with ample capacity for improvement to increase return!

A perfect investment for your SMSF, Investment Portfolio or Family Trust, take advantage of the solid rental and capital growth potential at this outstanding lifestyle address. The apartments are ripe for some TLC from an astute investor or renovator to maximise yield returns and capital value.

- 2 spacious dual entry 2-bedroom apartments that could be reconfigured to 3 bedrooms
- 1 ground floor 1 bed apartment with direct access to courtyard
- Freestanding unit block with potential for strata lots
- Positioned on a parcel of 863.6sqm with R2 Residential Zoning
- Walk to Lane Cove Shops and Schools
- Desirable rental location
- Positive rental reversion opportunity to increase rents to market value
- Add value with apartment updates and capitalise on the rental income
- Room to grow your asset with possibilities to add granny flats

A must-see property not to be missed!

For more information, contact Nick Muzha 0405 143 472.

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Nick Muzha

LITTLE Real Estate - Central

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6 Morrice Street, Lane Cove NSW 2066
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