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Terrace

47 Chin Chen Street ISLINGTON, NSW 2296

Sold for $475,000 on 20 Oct 2010
  • 3 Beds
  • 3 Baths
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Terrace in ISLINGTON

Converted Warehouse Plus, Plus, Plus!

  • 3 Beds
  • 3 Baths

This amazing converted warehouse must be seen to be believed.

Originally a classic two storey terrace, it now features a massive warehouse at the rear which combines enormous open plan layout with the huge but practical kitchen, open style mezzanine bedroom, massive stylish bathroom plus quaint private courtyard and parking.

The terraces are now also being utilised as two separate units both on their own meters for electricity returning a combined income of over $400 per week.

Potential here is limited only by your imagination.

You could let the warehouse for an even better return, estimated currently as a total income of over $800 per week, or, leave as is and live in the warehouse and benefit from the additional income, or even subdivide the terrace off and on sell or convert it back into a large two storey home.

This is one of those very hard to find properties that will not only positively return but offers great living and exciting opportunities to add value and cash in.

View today or at open homes.

Land:

314m² / 0.07 acres

Bedrooms:

3

Bathrooms:

3