UNDERDEVELOPED CLASSIC 4 LEVEL VICTORIAN CORNER TERRACE SITUATED ON 281SQM OF LAND
263-265 Riley Street, Surry Hills
– Currently operating as an 18 room boarding house
– Prized 3 street frontage Riley, Reservoir & Little Riley Street
– Fully self contained spacious top floor one bedroom apartment and generous living area
– 12 full bathrooms, 3 common kitchens, 1 self contained kitchen and 3 common W.C’s
– Huge common laundry facilities, 1x storage room / office
– Zoned 2b Residential, height limit 12 metres, F.S.R 2:1
– Two lots on one title
– Huge portion of underdeveloped land with room for further development S.T.C.A
– Potential GAR $160,000
– Proven & secure cash flow business
– Magnificent Victorian facade featuring wrap around period verandah
– Valuable off street parking for 3-4 cars
“Situated in highly sought after Surry Hills, a proven and secure investment bound by inner city convenience”