76 Macdonald Street, Lakemba NSW 2195

BLOCK OF 4 UNITS & 1 TOWNHOUSE

Exceptional and rare opportunity to acquire a block of five (5) which includes four (4) flats and one (1) free standing townhouse which make this astute investment very rare.

- Four (4) x two (2) bedroom units with no common walls
- One (1) x three (3) bedroom townhouse
- Brimming with potential, scope to modernise
- Opportunity to increase rents and capitalise by at least $5,000
- Original condition
- Gross annual return $74,000 (approximately)
- Potential for strata sub division, subject to council approval
- Land size 800m2 (approx)

Outgoings (Approximately & guide only):

Insurance - $838 p/q
Water - $1,974 p/q
Council - $823 p/q
House Lights - $80 p/q