Triple Dip “As Is, Where Is”

1,2,3/463 Madras Street

Auction Thursday 21st February 2019
  • 5
  • 3
  • 1
  • 3
Listing Number: RD6784
Property Type: Residential Sales Listing


The out of town owners have accepted the repair strategy from their insurer for the three properties at 463 Madras St. A very rare opportunity to purchase a multi property site on separate titles on a total of 935sqm of medium density land (the old L3). On site is a older 1910's house used as 4 bedrooms, plus 2 adjoining 1 bedroom units. Rental history has been approximately $950 per week over the 3 properties. The location is convenient to the city for multiple townhouses or larger format homes under the current multi use land zone. Very clear instructions to sell on a cash basis at Auction on a "As Is, Where Is" basis. Motivation is to move on and tidy up their portfolio. Viewing is by open homes or appointments only. To download an Auction Pack, copy and paste the following link into your web browser:

Property Information

  • Land Size 935 sqm
  • Tenure Crosslease (fee simple)
  • Property condition Fair
  • Property Type House, Block of units
  • House style Other
  • Garaging / carparking Single lock-up, Off street
  • Construction Render, Weatherboard and Composite Weatherboard
  • Joinery Timber, Aluminium
  • Roof Iron
  • Flooring Vinyl and Carpet
  • Window coverings Drapes
  • Chattels remaining Fixed floor coverings, Light fittings, Drapes, Stove x 3
  • Kitchen Upright stove
  • Living area Open plan
  • Main bedroom Double
  • Main bathroom Separate shower
  • Views City
  • Aspect North, West
  • Outdoor living Entertainment area (Other surface), Garden, Deck / patio
  • Fencing Partial
  • Land contour Flat
  • Grounds Overgrown
  • Water heating Electric
  • Water supply Town supply
  • Sewerage Mains
  • Locality Close to transport, Close to shops, Close to schools

Contact Details

Mark O'Loughlin
Gold Real Estate Group Ltd
Harcourts Redwood
+64 3 352 0352
+64 21 339 078