Lane Cove 508 Mowbray Road
Renovate, strata and sell, redevelop (STCA) or simply hold as a solid investment. This older low rise blonde brick block of 10 x 2-bedroom apartments on 1099sqm offers good rental returns with the opportunity for so much more.
Spacious original condition apartments with generous living areas, covered balconies, built-ins, separate kitchens and internal laundries Side driveway to 10 undercover car spaces, storage rooms and a level rear garden Two separate entrance doors to front and rear buildings, both with internal access to undercover parking area At the quiet end of Mowbray Road, 1km from Lane Cove village shopping centre, restaurants and amenities and with buses at the door Popular with tenants, enjoying high occupancy rates The block offers a range of opportunities for redevelopment as apartments or townhouses (subject to Council Approval) Rare opportunity to buy a whole apartment block on a generous parcel of land Explore your options, buy the block and realize the potential
Land: 1099 sqm