A rare investment opportunity exists to snare 1150m2 of MD (formerly R2) zoned land in premium seaside suburb Nightcliff. A mere 500m from the foreshore the long term capital growth potential this property affords is incalculable. Live comfortably in the current elevated home on the premises and watch the land value appreciate or develop now. Either way you will make money.
* Pre approval has been granted for development of 3 townhouses or 4 units
* Interstate owner requires sale
* A short stroll to shops, foreshore, transport and schools
* Current home features air con and jarrah floorboards throughout
* A fantastic long term investment
Year Built: 1976
Land Area: 1150m
Zoning: MD
Council Rates: $2,375.00 (per annum)
Easements: As per title
