713 South Dowling Street
Redfern, NSW 2016

This tri-level Victorian terrace is uniquely configured as four self-contained apartments, presenting a remarkable opportunity for buyers with vision. It currently generates a lucrative rental yield, making it an excellent investment option. Alternatively, it offers a spectacular canvas for transformation into a luxurious family residence.

• Generates an impressive annual rental return exceeding $130,000
• Features a modern and spacious ground floor apartment with two bathrooms
• Includes an additional ground level studio with one bathroom
• Offers mid-floor and top-floor one-bedroom, one-bathroom apartments
• Provides two off-street parking spaces with rear access via Vaughan Place
• Represents an exceptional opportunity to continue as a proven investment
• Potential to reconfigure and transform into a contemporary family home
• Conveniently located within walking distance to Crown and Bourke Street shops, cafes, and restaurants
• Easy access to Centennial Park, Moore Park, and city transport
• Close to a variety of reputable schools, including Bourke Street Public School

This property combines the charm of Victorian architecture with modern living spaces, offering flexibility for multiple living arrangements or redevelopment. Its location in Redfern provides access to vibrant local amenities and green spaces, enhancing lifestyle appeal. The existing apartments are well-appointed, ensuring comfort and privacy for tenants or family members. The off-street parking and rear lane access add practical convenience. Whether continuing as a high-yield investment or creating a bespoke family residence, this property offers significant potential in a sought-after inner-city suburb.