Flats 1-3/3B Peatties Road, Cardiff, NSW 2285

After over 50 years of dedicated ownership, the time has come for the current owners to retire and pass on this remarkable property to a new investor. This investment has a solid history of strong returns and offers a unique chance to acquire a piece of real estate with a proven track record and set on a large parcel of land.

There are 3 x 2 bedroom flats all currently leased to great tenants.

Unit 1 is the largest flat with large open plan living room incorporating the generous kitchen, both bedrooms are double size rooms with built in wardrobes, central bathroom, laundry and garage completes this flat that returns $420 per week.

Unit 2 features 2 double size bedrooms, sizable living room, neat and tidy kitchen and meals area with a stunning view and returns $360 per week.

Unit 3 has its own fenced off private yard at the rear and whilst the smallest flat it has a great feel. Featuring open plan living incorporating the neat kitchen, 2 bedrooms with the main bedroom has a built in wardrobe and returns $350 per week.

Units 2 and 3 have off street hard stand parking and whilst both flats have great tenants currently, they could both achieve greater rental returns after a freshen up including the bathrooms.

Set upon a large 1,328 square metre block at the end of a very quiet street with stunning views there may even be the availability to add further development subject to council approval.