Subdivide & Multiply, Land Bank or Knock down and build your forever home... the choice is yours. Currently has a high rental return of a total of $2,120 per week. The property could be very well positioned for Church/Religious groups for a congregation hall, Childcare centre, aged care development or a business that would be suitably run in a high exposure position (STCA)
With a generous 20.1m frontage the site even offers the savvy developer to do a possible 3 lot subdivision (STCA). The 2 bedroom cottage is rented for $420 per week and the land is rented for $1,700 per week.
Featuring:
- 2000sqm block, 20m wide x 100m deep
- The property currently has a DUAL INCOME totalling $2120 pw ($110k+ p.a. rental return)
- 2 bedroom home currently leased for 420pw.
- Rear battle-axe leased for $2120 pw.
