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SOLD

103 Nicholson Street, Brunswick East, VIC, 3057

Properties / Sold / Victoria / Brunswick East

Development Potential

1. Property Summary

Property Type

Residential

Sub Type

Townhouse Sites

Land Area

307 m² (*approx)

Selling Method

Auction: Saturday 14th March 2020 at 3pm

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2. Property Highlights

A "SITE" FOR SORE EYES

Being offered for the very first time since the 1960's, this single fronted brick terrace on 307sqm boasts excellent rear access, paving the way for possible future development STCA (Adjoining homes may be available for immediate purchase)

Although in poor condition throughout, the home has been currently let for 15 years to the same tenant at $380 per week. Whether as a complete total renovation project, or as a future development opportunity, the cosmopolitan attractions of Nicholson Street would be very hard to beat.

Land Size: 307 Sqm approx
Deposit Terms: 10% of the purchase price
Chattels: All fixtures and fittings as inspected
Rental Return: $380 per week
Council Rates: $1442annum approx
Nearest Public Transport: Tram, Bus routes
Nearest Primary Schools: Brunswick East PS, Our Lady Help of Christians School
Nearest Secondary Schools: Northcote High School, Brunswick Secondary

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Development Potential