Brooklyn 3 Income Investment

14 Sugarloaf Road Brooklyn Wellington

About this property

Don’t judge this book by it cover! This 1920s character property has just had a mega foundations renovation costing hundreds of thousands of dollars. Yes all the very expensive work is now done and it is time to role up your sleeves and profit from the possibilities.

Elevated north east facing property getting great sun. Sitting tenants,

Configured as 3 Flats:
– Flat A (Level 2) – 4 bedrooms, 1 bathroom, rental appraisal up to $600
– Flat B (Level 1) – 2 bedrooms, 1 bathroom, rental appraisal up to $450
– Flat C (Level 2) – 1 bedroom, 1 bathroom, rental appraisal up to $375

There are wonderful character features here waiting to be restored! Including beautiful carerra ceilings, stained glass windows, exotic timbers & high stud.

Located in a quiet street in the incredibly popular, inner city suburb of Brooklyn, only moments to cafe’s, restaurants, Penthouse movie theatre and transport.

– 220 m2
– Elevated views
– Excellent return up to $1425 p/w
– 7 Bedrooms
– 3 Bathrooms
– Garage

#develop #home and income #renovate

Viewing by appointment only.