-Buy separately or together as a package, two adjoining blocks 1214sqm total -George Street is well regarded as Alexandra Headland€™s peaceful streets -North facing properties, surrounded by prestige homes -Two old houses, buy one or buy both, the seller will consider both options -Both blocks are 607sqm each, with original beach houses on each block -Both properties have excellent long term tenants combined income $700pw -Land in Alex doesn€™t become available often, one of last undeveloped houses -Zoned Mixed housing, will cater for 7 units (STCA), 2 storey height limit (8.5 Meters) -Premier locations like this offer no second chances, lack of supply + strong demand -With a never to be repeated chance, get in now and capitalise before prices go up! In what can only be described as a once in a generation opportunity, two sites on prestigious Victor Street and adjoining site on George Street, have come up for sale for the first time in nearly a decade. With most of the houses in the Golden Triangle tightly held already, and limited house sites left, now is the time to act before the demand for this area drives the prices back up. Combined sites back to back, provide a total area of 1214sqm which in a Mixed Housing precinct allows the potential for up to 7 x 2 Bedroom units (STCA). The precinct allows for a 2 storey height limit no greater than 8.5 meters above natural ground level. The combined houses collect rent of $400 per week on the George street property, and $300 per week for the house on Victor Street. Both properties have had excellent tenants who have lived there long term, with all indicating their intentions of being able to remain if the new owner would like cash flow to assist in banking these outstanding blocks. Speak with the on-site architect to discuss your potential plans for either a new home or a possible development. The seller will consider the sale of the blocks individually, or grouped as a pair depending on registered interest prior to auction. If you stay quiet then you may miss out. Victor Street has a house with 3 bedrooms, 2 bathrooms, 2 Car carport and a garage, also on a 607sqm Block. George street has a two storey house with 4 bedrooms, 2 bathrooms and 1 carport on a 607sqm Block. Terms of the auction are 5% deposit and 30 days settlement. If any variances to conditions are required, please contact the agent prior to auction. A copy of the sustainability declaration can be obtained from our office. Contact Mark McGill on 0412 767 985
