Reap the rewards held by this exceptional property that comprises eight apartments in a classic Art Deco block that are to be sold in a line. Opportunities such as this are rare, particularly on a substantial 948.5 sqm block in a desirable lifestyle setting with the promise of outstanding capital growth and potential for future development (STCA). The property has been renovated throughout and offers a strong current rental return of $240,240 per annum, with further scope to increase. All its period charm has been retained with its full brick build, high ceilings, picture rails, timber floors and feature fireplace mantels. It includes parking for eight cars and large storage sheds at the rear. The elements are in place for an attractive addition to the investment portfolio being a few steps to Petersham's village, bus services, train station and Marrickville Park. - Prime position with walk everywhere convenience - Solid full brick block, timber floors, high ceilings, period features throughout - Light and bright, many with a north orientation - Free flowing open plan living and dining rooms - Renovated stone kitchen with quality appliances - Generous bedrooms including large master suites - Modern bathrooms, off street parking for 8 cars - Large shared storage sheds, potential future development (STCA) - Zoned R4 High Density Residential - Current passing income of $240,240 approximately Land size: 948.5 square meters, approximately Council rates: $6,935 per annum, approximately Water rates: $7,212 per annum, approximately