Description

Primed for an Update This 2-bedroom 1930’s built brick home, sits on a flat generous 580m2 block in the heart of Mowbray and is awaiting your input to see it restored to it’s natural beauty.

There is no 2 ways about it, this property is need of some love, but with a strong vision and a little elbow grease; 63 Joffre Street has the potential to net a tidy return and is priced accordingly.

Currently tenanted on a non-fixed term lease, generating a nominal return from long term tenants (18 years)- the upside is that similar sized properties in the Mowbray area regularly return a weekly rent in the high $300’s.

Alternatively, first home buyers can look to take advantage of the government incentives and make this property your own.

Contact our office to book an inspection and come see for yourself what 63 Joffre Street can be transformed into.

Building size: 95m2 approx. Land size: 580m2 approx.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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