3 houses for sale- all for one Buyer/ Developer - Investors Take Note!
This is a unique opportunity to purchase 3 homes adjoining each other to make one PERFECT SQUARE LOT of 1710m2! Located only 2 blocks from Marine Parade in Labrador - the most exciting suburb of choice. The most recent upgrade of the Broadwater, parks and walkways make this a high demand Residential choice. Two of these homes have existing quality tenants paying $400per week each and the 3rd has an owner looking to move into retirement. All 3 will easily rent for 400+ per week while you submit your approvals to build on this site! Two street frontages and flat east- facing land, make this an opportunity not to be missed!
Labrador has undergone many changes with its proximity to both Griffith University, Southport business centre both being only 5 minutes drive. With current infrastructure and other residential developments opposite and surrounding Labrador has already seen growth. Rarely do 3 properties like this come up for sale like this! Submit your offer now - owners will go to Auction but PREFER a quick sale prior.
Massive development potential (subject to council approval of course)
As a future combined block:
* Large FLAT 1710m2 square block in prime location.
* Level corner block with 2 x 40m street frontages (approx)
* 400m to the Broadwater.
* 4km to Griffith University Hospital Campus
* Holding / rental income: easily $64k per annum
Do not miss this very real opportunity to invest in a rapidly changing area earmarked for on-going growth.
Large blocks are scarce in the much sought after precinct of Labrador Close to the Broadwater and Northern Beaches. Make your offer now!
