10 Hodgson Avenue, Cremorne Point

PRESTIGIOUS HARBOURSIDE SETTING - BLOCK OF 6 APARTMENTS PLUS PARKING TO BE SOLD IN ONE LINE

Attention astute Investors and Developers - what a location! Capturing some city skyline and Harbour Bridge views, this near original 1940's Art Deco block is ready for a makeover. With two apartments per floor, each 2 br apartment currently comprises basic kitchen, original bathroom, master bedroom with balcony access, second (compact) bedroom and combined sitting/dining zone opening to another balcony. Those apartments on the upper level are enhanced by delightful city skyline and harbour vistas. 3 lock-up garages and 5 off street parking spaces. With current passing rental just $120,000 (approx.), there is huge scope to add real value. A unique offering - don't miss it!

Blue ribbon, harbourside settingEntire block of 6 x 2 br apartmentsEach apartment includes twin balconiesSome enjoy city skyline/harbour viewsCurrent passing rental $120 000 p.a. Massive scope to increase returnLand size 531 sqm. 3 l/u garagesExtra o/s parking for 5 vehicles
Council Rates: $1,159 pq approx.
Water Rates: $1,565 pq approx.

Co-agent: Gabi Somlai 9953 9088
Home Property Agents