Situated on an 818sqm block in one of Lilyfield's most sought-after enclaves, this block of 5 units has something for everyone!

With a 14.2sqm frontage and excess land located at the rear, the property presents a strong return with potential improve aesthetically and/or increase floor space (STCA).

For investors, the property offers attractive returns as is, with the current block sturdily built, modern, and fully tenanted.

There is also the possibility to potentially create additional dwellings at the rear and potentially strata the block.

The current dwelling is situated on a North-South axis with natural light flowing freely through, is a double-brick construction, and boasts quality finishes. Further, the complex is secure, with underground parking and storage.

In an unbeatable location, the block is mere footsteps to the centre of Lilyfield, Orange Grove Markets, schools, shops, cafes, buses, and Lilyfield Light Rail to the CBD. It is also only a short walk away to the Bay Run, Leichhardt Aquatic Centre, King George Oval, and Leichhardt's and Rozelle's attractions.

Key features include:

• 4x two bedroom and 1x 1 bedroom apartment.
• Currently not under subdivided under strata.
• Currently generating attractive return as an investment.
• Rare opportunity to value-add/build to increase return.
• Potential to increase density
• Secure and sturdy complex with underground carpark and storage facilities.
• Ideal Lilyfield location.