Positioned on a North facing, level 1132 square metre (approx.) parcel of land with a 20.11 metre frontage, this is a fantastic development opportunity (STCA) offering multiple possibilities. Located close to transport, shops, schools and parks, enjoy several re-development options on one of Peakhurst's finest streets.
Currently there are two homes on the block, an original three bedroom cottage at the front and a well presented family home to the rear. This opportunity is ideal for developers, two families or the savvy investor looking for a strong rental yield. Benefit from the unique option of building a duplex whilst residing in the property at the rear.
Occupying a fabulous parcel of land and providing an array of opportunity, this truly is one to get excited about.
Residence 1:
- Original clad cottage
- 3 bedrooms, 1 bathroom
- Lock up garage
- Potential rental income $500-$550 per week
Residence 2:
- 4 bedroom, 2 bathroom brick veneer home
- Double garage with internal access
- Modern kitchen and bathroom
- Two living areas
- Private courtyard to the rear
- Ducted air conditioning and three phase power
- Potential rental income $650-$700 per week
