1-4/7 Daphne Street

Once in a lifetime investment opportunity in blue-chip Grange

With less than a handful of apartments and flat complexes in Grange, this is undeniably the opportunity of lifetime to secure a unique property.

2 separate gas, water and power meters servicing the front and the rear apartments in the block.

2 solar systems servicing front and rear (a 5kw and 3kw system respectively).

Front apartments joined in the early 2000’s and can be separated again with ease.

3 of the 4 bathrooms saw renovations in 2022 / 2023 respectively.

With no body corporate or strata, the complex has minimal outgoings and would likely return a minimum of $100,000pa as 4 separate 2 bedroom apartments.

Underpinned by a north-to-rear 607sqm and the complex being built in the mid 1960’s the scope to remove and re-build in this position ensures as a high return investment, the capitol growth of this position is assured.