Interested in an short to medium term investment property, but have a longer term plan for development? Here is your chance to secure this ideally positioned property nestled on a large Walsh Street allotment situated on the doorstep of town, in particular the Coles Shopping Centre. A two bedroom, one bathroom timber home currently sits on the property, and has had the same tenant for the past 3 years. In addition to the two bedrooms there is a study area/sun-room that could easily be used as a third bedroom. The property is currently rented at $290 per week. At the rear you will find the outdoor laundry space and spacious outdoor entertaining area that overlooks the large, private back yard. The shed at the rear is large enough to comfortably house two cars, with some room left over. This 997m2 fully fenced block is zoned for unit development, with enough room to build multiple units - or subdivide to create a battleaxe block to the rear. Features include: * Located on the doorstep of town * Two bedroom + study weatherboard home * Development opportunity * Zoned for unit development * Potential to subdivide off a battleaxe block * Fully fenced 997m2 lot * Currently tenanted and achieving $290 per week Inspect today! This property presents a great live in or continue to rent out now, develop later opportunity. Mareeba Property Office wishes you every success in your property search. If you would like further information or to arrange an inspection of this property, please call or email us today.