66 Trafalgar Street

About this property

As luck would have it, the perfect combination for a site might just exist. A prominent corner position of prime Terrace Housing and Apartment Building (THAB) zoned land, dual vehicle crossings and public services conveniently located along both street frontages. It's a compelling combination with plenty to offer. For those looking to hold, four existing rental flats provide a healthy rental income, currently returning $116,220 p.a, with an estimated appraised rental of $124,020 p.a - representing a potential gross yield of approximately 5.6% based on the current CV of $2,220,000. Develop now, hold and develop later, or simply enjoy the rental return. The choice is yours. Call Chester to arrange a viewing and for a comprehensive range of property documents and reports to aid your due diligence. The lucky 66 Trafalgar Street may just be your smooth road to success. Disclaimer: Underground service locations and accessibility are indicative only. Prospective purchasers should undertake their own due diligence and seek independent professional advice. Rental appraisals are estimates only, and gross yield calculations are based on the current CV and exclude outgoings.

Property features