Apartment

3/232 Lyons Road

RUSSELL LEA
2
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1
Baths
2
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BLOCK OF FLATS

Rare opportunity to purchase an Art-Deco block of 4 x 2 bedroom flats situated 50 metres to shops, cafes and restaurants on Lyons Road. Scope to renovate each flat to improve your rent return and a driveway on either side of the building. Each flat consists of the following:

* Combined lounge and dining
* Two bedrooms (Huge main bedroom)
* Eat in kitchen with gas stove
* Original bathroom with shower over the bath
* 2 share laundries downstairs
* 60m2 per flat (approx)

Present rental return $52,780 Per Annum
Land Tax: $1,764
UCV 2010 - $480,000

Council Rates: $2064 Per Ann (approx)
Water Rates: $2264 Per Ann (approx) + Water usage
Electricity $420 Per Ann (approx)
Land: 398m2 (approx each flat)

Precautions have been taken to establish accuracy of the information but it does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.

Agent representing
3/232 Lyons Road
Craig Davies
Craig Davies
Property Consultant
Russell Lea
Suburb Profile
Russell Lea
The Russell Lea locality took its name from the 60 acre estate of Russell Barton. His imposing mansion and quiet rural estate was on the North side of Lyons Road,…
Discover Russell Lea

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