Highland Commercial Property is pleased to present this fully leased boutique complex of six strata one-bedroom residential apartments, ideally situated in the heart of Carlton. This property currently generates a stable rental income with potential for further growth.
Positioned approximately 100 metres from Carlton Train Station, the location offers exceptional convenience, surrounded by an array of shops, entertainment venues, and local amenities, including clubs, hotels, and the iconic Jubilee Oval-home to the St George Dragons. Additionally, the property benefits from proximity to the Kogarah medical precinct.
Zoned R4 High-Density Residential within the Georges River Council, the site boasts a 21-metre height limit and a Floor Space Ratio (FSR) of 2:1, presenting exciting development potential subject to council approval and development consent making it a good opportunity for investors looking for upside.
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