340 - 344 Edward Street WAGGA WAGGA NSW 2650
$890,000

DESCRIPTION

Three adjoining houses in a R3 Residential Medium Density zone with a combined area of 1,948 square metres. Corner site with main frontage to Edward Street with secondary access off Cullen Road. Each block currently has a three bedroom home, two of which are leased while the third is undergoing renovations. Potential income $280 - $320 per week per house with annual income estimated at approximately $45,240 (based on average rent of $290 per week) 340 Edward Street - 708.8 sqm - new 6 month lease commencing 13/7/18 at $300 per week 342 Edward Street - 670.2 sqm - currently leased at $280 per week 344 Edward Street - 569.0 sqm - currently vacant and being painted. Previously rented at $290 per week Rare opportunity to secure R3 zoned land in Central Wagga