Development opportunity. High returns, Sub division potential.
6 units and 2 houses tenanted with a $2000 weekly rental return.
Set on 5 acres and within walking distance to town central, hospital and schools, this property is in a prime location, surrounded by greenery and mountain views.
It has subdivision potential for up to 20 lots (STCA) and there is also the possibility of renovations for higher returns in Cooktowns tight rental market.
This property is one of kind and the owner is keen to sell!!!
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