5 Corbet Place, South Hedland

Possible 8 (1x1) site / Rent Premise for $1600p-wk / Rare potential This property has fantastic potential with its large 801m2 block. Flagged by Council to be amended to R30 zoning in the upcoming Town of Port Hedland scheme amendment 51! This lucrative development site has the potential to construct 8x (1x1 units) once the R30 zoning comes into place which could be sold for around $615,000 per unit. The lot currently has an existing 3x1 Fibro home in standard condition which can be purchased and taken with vacant possession if desired or leased for $1600 p/wk whilst you organize your development requirements! Further Property Features: - 3 x 1 existing Fibro and iron property - Spacious lounge area with separate dining - Large kitchen with plenty of bench space - All 3 bedrooms are good size with built in robes - Good quality bathroom with separate shower - Excellent outdoor patio area for entertaining - Huge amount of parking for over 5 vehicles - Excellent 801m2 block going to R30 - Great location close to the South Hedland CBD. Please note buyers must make their own investigations into the development potential of the site which is subject to the scheme amendment of the block to R30, The Town of Port Hedland & Council requirements. Do not delay in securing this fantastic development opportunity which will provide substantial profit margins when selling the developed units or extremely lucrative cash flow if you retain and lease each unit for around $1300p/wk. Call Hayden Crawford today - 9172 5300 / 0488 070 067