A fantastic opportunity has arisen on this large parcel of land consisting of two homes and sitting on three titles. With two older style homes generating a weekly income of approx $1600 per week on a 1504sqm flat and useable block this could be a gold mine opportunity.
Subject to the necessary council approvals of course this is a piece of real estate that is worth investigating and putting your interest forward with the agent. At this stage we are not doing property inspections as we are selling this as a development site and wish to give the tenants privacy as much as possible. There are long term leases in place of 12 months.
Option 1 - To be sold as one parcel of land (2 blocks on 3 separate titles)
Option 2 - Offers will be considered to purchase lots separately
56 - Currently rented at $750 per week
58 - Currently rented at $800 per week. Lease expires May 2024
If you would like any further information or would like to register your interest please let the marketing agent know or feel free to send an email enquiry on this property.
Property ID: #L21431954
