16 Eden Street, Stuart Park NT 0820

Investor alert! Large MD-zoned block close to CBD 100% must be sold at auction Make no mistake; this property must be sold. This property has never been on the market before and is an excellent opportunity to secure a large MD-zoned 880sqm block for development. Bring your tools, a skip bin and a big tub of elbow grease!- MD zoning makes this block prime for an inner-city development - Large 880sqm footprint suits subdivision or other medium density project- Existing house suits dual occupancy rental as short- or mid-term investment- Downstairs presents two bedrooms with bathroom and kitchenette- Upstairs offers three bedrooms with bathroom and full kitchen- Large front and rear verandahs to upstairs with sunny elevated outlook- External laundry plus lock-up storeroom and double carport - Excellent location close to schools, parks and Mindil Beach will be popularThis excellent 880sqm block with MD zoning is ideal for subdivision or a medium density project, or lease the existing home as a dual occupancy for short- or mid-term returns to help fund your planned development.The large block is set in a sought-after location in Stuart Park, close to school, parks, the beach and the city, with plenty of potential for capital growth in an accelerating market. The existing home features two bedrooms downstairs with a bathroom and kitchenette, plus three bedrooms upstairs with a bathroom and full kitchen.The open-plan upstairs living/dining room opens on to the generous front and rear balconies with lovely, elevated sunny outlooks. There are built-in robes to all three upstairs bedrooms, and a separate toilet to the upstairs bathroom. An external laundry is in addition to a lock-up cyclone shed and double carport.Secure this rare investment opportunity while it lasts and organise an inspection today. Council Rates: $2735 per annumYear Built: 1979Area Under Title: 872sqmZoning: MD (Multiple Dwelling)Status: Vacant PossessionVendors Conveyancer: Territory Conveyancing