Residential, Commercial And Business Property

Property

Cannot Be Beaten For Location

By Negotiation

487A George Street, City Centre

For Sale
Property Type: Apartment
11 Beds 5 Baths 407 Square metres 1 car space

Description

Discover a premier investment property that offers an impressive combination of modern living and strong rental returns in a prime central location. Redeveloped into a highly functional and desirable living space, this property features: 2 x Two-Bedroom Apartments | 1 x Self-Contained Studio Apartment | 6 x Bedroom Shared Living Space 2 x Two-Bedroom Apartments - Overlooking the lively and recently revitalised George Street | Modern kitchens, separate lounges, and updated bathrooms with laundry facilities | Spacious bedrooms with bespoke workstations and storage solutions. Self-Contained Studio Apartment - Positioned at the rear of the property for privacy | Includes an ensuite and kitchenette for convenient, independent living. 6 x Bedroom Shared Living Space - Generous bedrooms with bespoke workstation and storage solutions | Select rooms with private access to a glass conservatory overlooking George Street | Modern communal kitchen/dining area and two well-appointed bathrooms. Additional Features - Highly sought-after single garage/parking space on George Street | Shared and private conservatories for relaxation or entertaining. Interior Highlights - Open-plan kitchen, dining, and living areas in the shared living space | Double-glazed windows throughout most of the property | Fully compliant with Healthy Homes standards | An extensive list of chattels included. Investment Potential - Current Rental Return: Over $135,000 per annum. Add Value Opportunity - Lease the street-level garage for additional revenue | Remodel the shared living area to create additional rentable bedrooms. Due diligence material(s) available upon request and viewings by appointment.

Location

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