As good as gold. I challenge you to find a better opportunity in Parnell right now! Original 1920s character home that was built as a family home, and later on, converted into two flats. Loads of off-street parking, very rare to find in Parnell. Located in Double Grammar Zone, towards the end of a quiet cul-de-sac, you are only steps away from the water's edge. If you're into paddle boarding, it's only three doors down to the water. Situated on a sunny, north-facing 620sqm (approx.) section. The current floor size for both levels combined is 240sqm (approx.), offering an excellent footprint to transform this into your dream home. Bring your architect and builders. Or, hold as a rental investment. In its current condition, the rental appraisal is $900 - $950 per week for the 3 bedroom on the upper level, and $420 - $450 per week for the 1 bedroom flat downstairs. Combined potential income of $72,800 per annum. Please don't be guided by the property's CV. It is not a true market indication. So bring your gold panning kit to the open homes as this is a golden nugget, and a fantastic opportunity for someone. See you at the open homes.