Located in the heart of The Hill this 538 m2 lot zoned R3 Medium Density is an opportunity to develop to your own desires and reap the rewards.
Currently configured as four one bedroom units returning $60,840 pa the opportunity stands to retain the current income while you create the best use of the site to your own desires.
Options subject to council approval include but are not limited to:
Knockdown and build significant residence
Retain current improvements and enhance
Develop to full potential with Townhouses or Apartments
Current Rents
Unit 1 $265 per week
Unit 2 - $300 per week
Unit 3 - $305 per week
Unit 4 $300 per week
For full information pack please email or call for more information.