Price Undisclosed

7 Bed  •  3 Bath  •  5 Car  •  580m²

Main view of Homely house listing, 8 Village Road, Saratoga NSW 2251
Floorplan of Homely house listing, 8 Village Road, Saratoga NSW 2251
Second view of Homely house listing, 8 Village Road, Saratoga NSW 2251
+15

Sold

8 Village Road, Saratoga NSW 2251

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Price Undisclosed

  • 7
  • 3
  • 5
  • 580m²

House Sold on Fri 17 Oct, 2014

What's around Village Road

House description

“Investors take note Potential plus”

Its not often that the ideal investment opportunity arises. Here is the opportunity to purchase a high cash flow/high yield property. Currently rented at $900 per week, there are 3 separate units (triplex) all fully self contained and separately metered, each with separate entry, laundry and parking capabilities on the one title, saving you rates levies and taxes.
The breakdown of each unit is as follows:
Unit one (Upstairs) 101.7sq.m approx. rent = $340
Unit two (Front) 52sq.m approx. rent = $220
Unit three (Back) 111.3sq.m approx. rent = $340
Features include; water views, next door to local shops and public transport, plus great depreciation and possible future development STCA.
A once in a lifetime opportunity for this very flexible property
This property is a income machine
Near water with water views
Returning $46,800 p/a
This property is under replacement value
Positive cash flow with potential unit site STCA
Rent it out as is or renovate/redevelop and profit even further
All this with great zoning allowing; boarding houses, business premises, child care centres, community facilities, dwelling houses, medical centres, neighbourhood shops, residential flat buildings, respite day care centres and shop top housing STCA. On this site complying development may be carried out.
Do your maths and you will see this property is undervalued and priced to sell, so act today and dont miss out.

Inspection by appointment only.

Municipality

Gosford City Council

Land details

Area: 580m²
Frontage: 15.24m²
Depth: 38.1 at left

Interactive media & resources

Third view of Homely house listing, 8 Village Road, Saratoga NSW 2251View more
Fourth view of Homely house listing, 8 Village Road, Saratoga NSW 2251View more

Contact the real estate agent

James Projcevski

Bankstown First National JJ Crawford Real Estate

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8 Village Road, Saratoga NSW 2251
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