Offers over $1.25million
20 Park Parade
Perfectly positioned on Park Parade overlooking Moora Park and views of the bay. A wonderful location for an investment, or ultimately your dream home.
This current 4 unit dwelling is on the market to sell. With four long serving tenants, all on periodic tenancy. The option to keep the dwelling as an income generator or the possibility to renovate and turn her back into her former, glorious self is entirely up to the new owner.
Recent renovations include:-
3 out of 4 new bathrooms, a new roof and re-levelling of the property.
Rents are as follows:
Unit 1 – 1/2 bedroom - $260 per week
Unit 2 – 1 bedroom - $180 per week
Unit 3 – 2/3 bedroom - $260 per week
Unit 4 – Studio 1 Bedroom - $170 per week
Not many investment opportunities come up on Park Parade. So, if you want to jump in and claim a great property in Shorncliffe this is your chance.