5 & 5A Sturgeon Street North
Raymond Terrace


$373,000

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Property Features


Property ID: 3431860

Land Size
732.00 m2

DEVELOPMENT POTENTIAL


Centrally located in the CBD sits an older style home and attached granny flat set on approx. 732m2 parcel (zoned R3 medium density) presents as an ideal investment with future scope to develop. Both currently tenanted the main house returns $280 per week while the granny flat returns $210 per week. Both quality tenants have expressed their interest in staying on.

The main house has updates throughout and other parts in its original form. Two bedrooms in total, the main offers a built-in robe and ceiling fan both sharing use in the all in one updated bathroom and laundry combined. A comfortable lounge room with a ceiling fan and updated kitchen flows through to the dining area.

The attached granny flat is self-contained in a lounge room, shared space for the kitchen/shower and laundry with a separate toilet and a good sized bedroom.

A single detached lock-up garage, covered area and lawn locker.

Combined land and water rates total approx. $2,613 per annum. The dwellings are not separately metered for either power or water.

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