Lot 14 DP 1150328, PARKES NSW 2870

It's an opportunity for profit! DA approved 13 block subdivision in highly attractive quiet location, will make a very classy area! Blocks range from 720sqm to 961sqm, are almost level and surrounded by superior homes. This is truly a spectacular opportunity for even the new property developer. Sell the blocks or build rental accommodation? Parkes boasts vacancy rates of less than 1% and an average of 2.4 vacancy days per property per year. With loads more development and industry growth coming, we have concerns of a worsening rental accommodation crisis. We also have buyer demand for new homes under $350,000 suggesting spec homes would do well. Full information memorandum available on request including attractive rent returns on newly built duplex's and house's. Vendor is reasonable and keen to sell!