22 Cuthbert Street presents an excellent opportunity for savvy investors. Firstly, the property sits on a spacious flat square corner block of approximately 1,740m2, making it an ideal candidate for 3-4 lot subdivision (STCA). Secondly, it boasts a reliable tenant, ensuring immediate and ongoing rental income.
The cosy weatherboard house on the premises features three comfortable bedrooms with built-in robes, a functional kitchen, and a drive-through driveway with a carport. The expansive garden with trees, grass, and bushes adds to the property's charm. It's equipped with NBN full fibre, perfect for remote work or entertainment.
Conveniently located just a 10-minute stroll from the dog beach and the renowned Fig on the Bay cafe, and with easy access to amenities and major highways, including Phillip Island's surf beaches within a 25-minute drive, the bay side location in Corinella is highly desirable.
Potential for future development through 3-4 Lot subdivision potential STCA , this property offers both immediate rental returns and long-term growth prospects.
Please call Angus or Hayley to arrange a private inspection of this unique property.
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
