I am privileged to offer a unique opportunity for an investor to acquire a sizeable piece of land and a delightful double storey block of flats in the heart of Upper Kenilworth. The property is fully registered as a sectional title scheme and iis GR4 Zoned, There are 4 spacious apartments, 4 covered parking bays, 4 open bays and 4 visitors bays. The two ground floor apartments have their own patio and the one has a private garden. The upstairs apartments have open decks with magnificent mountain views.
Flat 1. 89m² garden apartment with private courtyard and garden area , 2 bedrooms, 1 bathroom , open plan built in kitchen an large living room with patio doors into the garden. Carport and open secure parking bay and a
visitors parking bay.
FLAT 2 71m² ground floor apartment with
patio doors opening out to a sunny patio, 1 bedroom, open plan built in kitchen and large living room, 1 large bedroom with en-suite bathroom, Carport, secure open parking bay and a visitors bay.
Flat 3 80m² Upstairs apartment with lovely views from the West facing deck and an East facing balcony opening out from the main bedroom, 1 bathroom, large open plan built in kitchen and livng room. Carport, secure opebn parking bay and a visitors bay
Flat 4 78m² Upstairs with lovely views from the deck, 2 bedrooms each with an en-suite bathroom (2 bathrooms) open plan built in kitchen with large living room with doors to the deck. Carport, secure open parking bay and a visitors bay.
The complex has been fortunate to always have excellent tenants who have taken care of their apartments as well as the common property. Rentals are competitive however, indications are that rentals will be increased further from February 2025. The current leases all end on the 31st January 2025.
The property is secure with a motor gate and electric fencing. Access to all parts of the Southern Suburbs is very convenient.
The property has a large rainwater tank and an irrigation system. View now to unlock this opportunity.
* Levies are not currently charged so are just estimated.
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