23 John Street Petersham, NSW 2049

An outstanding opportunity for investors or developers to redefine and add value to this freestanding 2 level terrace, currently divided into four separate residential flats. There is excellent potential to redesign and upgrade throughout, in order to maximize the true potential of this rare offering.

Flat 1: Ground floor, 1 bedroom, 1 bathroom
Flat 2: Ground floor, 2 bedrooms, 1 bathroom, direct access to the backyard
Flat 3: First floor 1 bedroom plus sunroom, with separate dining room/second bedroom.
Flat 4: First floor 2 bedrooms, easterly district views

This prime elevated position on a quiet residential street offers easy access to the Petersham village centre, public and private schools, public transport and parks. The area has strong prospects for future capital growth.

• Flexible options for upgrading or reconfiguring (STCA)
• Potential to substantially increase rental yields
• Level block with ample off street parking
• High ceilings, shared laundry room
• Zoned: R2 Low Density Residential
• Land Size: 321sqm (9.83m x 32.92m)
• Water Rates: $697.04 per qtr
• Council Rates: $850 per qtr