50 Edward Street NARRAWEENA NSW 2099
$1,525,000

DESCRIPTION

A solid single level brick home, situated on 569sqm of level usable land, this prime piece of Northern Beaches real estate simply oozes potential! Build a second storey and there is the potential for panoramic district views and ocean glimpses. Convert the lock up garage into a granny flat for extra income, or dual income if renting the existing dwelling also. (All subject to council approval of course). Similar 3 bedroom houses in the area are renting for $750 per week, whilst 1 bedroom granny flats are returning for $450+ per week...that would amount to $62,400 rental income per annum!

So, if you're looking for a family home with a big, level child friendly back yard, this property is for you. If you're looking for a family home with a granny flat to house in-laws or for extra income, this property is for you. If you're an investor looking for a dual income property, this property is for you!

Council: $455 p/q approx. Water: $172 p/q approx.