108B Niagara Street presents a unique chance to secure a property that combines solid rental income with exciting future development possibilities. This spacious 4-bedroom home offers charming period features and council-approved plans for a duplex development-ready to be brought to life. Whether you're an investor seeking immediate cash flow or a developer looking for your next project, this property has it all. The home is full of character, with pressed metal ceilings throughout and an updated kitchen featuring an electric stove and dishwasher. The formal lounge, with its high ceilings, creates a welcoming atmosphere brimming with timeless appeal. Currently earning a solid rental income of $460 per week, this property is an attractive investment opportunity from the outset. Split across two titles, the property offers flexibility and significant future potential. The second block includes a storage shed, which could generate an additional $60 per week in rental income-perfect for investors looking to maximise cash flow. With its blend of rental income, immediate returns, and future development prospects, 108B Niagara Street is an investment you don't want to miss. Whether you plan to hold, renovate, or develop, this property has something for everyone. Contact Natalie Bower on 0488 721 118 to book your private inspection today. ** Please note that, for privacy reasons, the internal photos featured in this advertisement were taken in 2014 and may not accurately represent the current internal condition of the property. *All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*
Richiesta email a Ray White Rural - Guyra/Armidale
Immobiliare ID: 146707952