317 Olive Street, South Albury
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Two Units On One Title With The Potential For A Third AGENT Nicholas Clark 0439 215 293 AGENT: Geoff Stean 0413 888 788
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A well-rounded investment
Features at a glance
A well-rounded investment with the potential to add even further value, 317 Olive Street comprises a twobedroom unit at the front, a one-bedroom unit at the rear, and a generous yard space behind with plenty of scope to add another dwelling(s) subject to council approval. Situated just steps to Ebden and Olive Café, and Nord Bakery, you are also within walking distance to Dean Street and surrounding amenities. The blue-chip location is perfect for investment or re-imagine into your own family residence. The front unit comprises two bedrooms, open plan living and kitchen area, private courtyard and has also been recently updated with new paint and carpet, as well as renovated bathroom. The rear one-bedroom unit has had a steady long-term tenant and comprises open plan living, bedroom with built in robes and a functional bathroom/laundry. Both units have designated car spaces. The rear of the property currently comprises a powered double bay shed and workshop. Offering great storage, the shed can be rented separately, utilized for personal use, or removed to create space for further dwellings (STCA). Situated opposite Olive Reserve and Browns Lagoon, and with easy access to the CBD and surrounding amenities, this is a rare opportunity to take the reins of an outstanding investment, add further value, or shape into a dream home in an ideal position.
Features include: • • • • •
2-bedroom unit + 1 bedroom unit Space to further extend subject to council approval Unit one rent forecast $320 - $330 per week (currently vacant) Unit two currently rented at $170 per week Outstanding position within walking distance to CBD and surrounds
ADDRESS: 317 Olive Street, South Albury AUCTION: Saturday 23rd October at 12:00pm Land: 708m2 (approx.) Rates: $2,331 pa (approx.) 2-bedroom unit + 1 bedroom unit
Floor Plan
Features at a glance
STEAN NICHOLLS REAL ESTATE Suite 1, Unit 19, 669 Dean Street, ALBURY NSW 2640 P: (02) 6021 5233 E: realestate@steannicholls.com.au W: www.steannicholls.com.au Disclaimer: Information provided is believed to be accurate as at the date of printing, no responsibility is taken for any errors or omission. It is your responsibility to obtain independent, professional advice. Personal information collected from you is for security purposes to contact you should the property sell prior to auction. We may use this information to provide you with other real estate services including referrals to authorized financial services’ providers. Stean Nicholls Property Services Pty Ltd; ABN 40 422 698 693