Sale by Set Date® Tuesday 20th October at 5:30pm (unless sold prior).
Attention all investors & developers! Look no further than this generously sized allotment of 722m2, walking distance to the thriving Fifteenth Street hub of entertainment and shopping.
Already offering a fully renovated 2-bedroom home with a central bathroom and very comfortable living areas, on a 381m2 portion of the allotment. In place, there is a planning permit to subdivide and create a second block to have a second dwelling (STCA) on the remaining 341m2. This superbly located allotment offers both income and opportunity to add to your return on investment when the subdivision is completed. With one dwelling ready to be leased and provide immediate income, plus the potential to build another, this site offers an array of options.
Conveniently positioned close to major shopping complexes, transport routes and entertainment hubs. The more you think about it, the more it makes sense. Rental appraisal of existing dwelling $280 per week.