5 Lovel Street, Katoomba, NSW 2780

This classic 1950s-era cottage retains many period features and benefits from a great central location. The twist is that the Cottage has been split into two, one-bed units, separately metered, perfect as rentals. 
Inside, you will find well-proportioned rooms with high ceilings typical of the period. Unit One and Unit Two are located side by side and have separate access. Each Unit has a cozy sitting room which in turn leads to renovated kitchens and a well-proportioned bedroom. Both Units share a common small garden with elevated views to the South West of the local area. Features include; high ceilings, polished floorboards and partly newly painted inside.
Lovel Street is a popular residential area located on the south side of the main town. Kingsford Smith Park is only a 50-metre walk away and is a favourite spot for dog owners. The house is around a 500-metre walk from the train station, shops, and cafes. This area is served by South Katoomba Public School. Currently an investment property, this character cottage will continue to attract renters or would be a great first home for those seeking something small and manageable with potential for the future. Based on recent sales in the town you won't want to miss out on this one.
Unit 1 rental estimation $360 to $400 pw and Unit 2 rental $320 to $350 apprx pw.

•	Two separate one bedroom units
•	1950's period cottage 
•	High ceilings, polished floorboards, partly newly painted
•	 New roof
•	Close to the town centre
•	592 Sqm block size, C4 zoned 
•	Ideal for investors or first-time buyers