10 Hodgson Avenue Cremorne Point NSW 2090

Attention astute Investors and Developers - what a location! Capturing some city skyline and Harbour Bridge views, this near original 1940's Art Deco block is ready for a makeover. With two apartments per floor, each 2 br apartment currently comprises basic kitchen, original bathroom, master bedroom with balcony access, second (compact) bedroom and combined sitting/dining zone opening to another balcony. Those apartments on the upper level are enhanced by delightful city skyline and harbour vistas. 3 lock-up garages and 5 off street parking spaces. With current passing rental just $120,000 (approx.), there is huge scope to add real value. A unique offering - don't miss it!

- Blue ribbon, harbourside setting
- Entire block of 6 x 2 br apartments
- Each apartment includes twin balconies
- Some enjoy city skyline/harbour views
- Current passing rental $120 000 p.a. Massive scope to increase return
- Land size 531 sqm. 3 l/u garages
- Extra o/s parking for 5 vehicles

Council Rates: $1,159 pq approx.
Water Rates: $1,565 pq approx.

Co-agent: Gabi Somlai 9953 9088
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