Yes, it's the yellow and blue one, brimming with character, but there's so much more here than just a pretty facade. Built in the 1930's of full brick and Terracotta Tile construction, the home boasts high ceilings, timber sash windows, picture rails, polished cypress pine floors and an open fireplace. There are three bedrooms, an updated kitchen and a renovated bathroom and this part of the property is leased at $700 per week (until January 22) but wait, there's more...

At the rear is a spacious one-bedroom flat of approximately 45m2, leased at $325 per week until June this year. There is a single brick garage (with shower and toilet) too, established gardens and all of this on 1,040m2 (approx) of prime, city fringe land. That equals an income of $1025 per week with one set of outgoings!

Canvass the options if you will, live in the flat and let the house to subsidise your mortgage, work from one, live in the other, run a home business (in a prime location with heaps of passing trade) or turn it all into one large, charming dwelling in a vibrant, city fringe location. The lifestyle on offer here is limitless, only a 5-minute walk to the delights of Braddon or 10-minute walk to the famous Ainslie shops - The cheese section in the Ainslie IGA is renowned and Edgars Inn is the perfect spot for your morning coffee or afternoon drink. Everything the Inner North has to offer is right here at your fingertips.

At a Glance:

- The Heritage listing means the street scape will never change
- High ceilings, picture rails and timber sash windows - full of charm
- Updated kitchen
- Renovated bathroom
- Ducted gas heating in the main house, reverse cycle unit in the flat
- Polished Cypress Pine floors
- Open fire place
- One bedroom flat (45m2) - live in, let out, work from, the choice is yours
- Single brick garage with a toilet and shower - great workshop
- 5 minute walk to Braddon
- 10 minute walk to the famous Ainslie shops