1-3 MATTHEWS STREET, LOCKHART, NSW
10108
Eight Units On Single Title - Exciting Investment Property
With eight units on an acre in the heart of town close to shops, clubs and cafes, this property is currently returning 10% despite having two vacant units at the moment.Built in the 1960's the property is on a single title with double brick, terracotta tiled roofs, air conditioning and all are fully furnished. Including whitegoods. Each unit has a private verandah and off street parking with rear lane access and two street frontage, behind the main street. There are two single level blocks- one with six single units and the second with two double units.
The single units have open plan kitchen dining lounge with separate bathroom/laundry and all electric fittings. The double units are carpeted with air conditioning and ceiling fans, built ins and tiled kitchen bathroom and ensuite areas, large verandahs and private fenced back garden areas.
There are established gardens, large shady trees for lazy summer days and reticulated lawn. This is an exciting investment opportunity and very good value.