Positioned on a substantial 1,229sqm corner block with R30 zoning, this well-maintained 3-bedroom, 1-bathroom home presents an outstanding opportunity for investors seeking immediate rental income with exciting future development potential (STCA).
Currently leased until July 2027, this property offers a secure rental return from day one, allowing you to enjoy peace of mind while planning for the future.
Inside, you'll find three generously sized bedrooms, a functional floorplan, and a well-appointed bathroom featuring a relaxing spa bath. The spacious living areas provide plenty of room for comfortable everyday living, while the practical kitchen offers ample storage and bench space.
Outside is where the real value lies. The expansive 1,229sqm corner allotment and desirable R30 zoning provide excellent potential for future subdivision or redevelopment (subject to council approval), making this a rare opportunity to secure both strong holding income and long-term capital growth.
Whether you're looking to expand your investment portfolio or secure a property with future development upside, this one is well worth your attention.
Property Features:
✔ 3 Spacious Bedrooms
✔ 1 Bathroom with Spa Bath
✔ Functional Floorplan with Generous Living Areas
✔ Large Kitchen with Ample Storage
✔ Massive 1,229sqm Corner Block
✔ R30 Zoning – Development Potential (STCA)
✔ Currently Leased Until July 2027
✔ Rental Appraisal: Approx. $570 per week
✔ Excellent Investment Opportunity
✔ Council Rates: Approx. $2,319 p.a.
✔ Water Rates: Approx. $275 p.a.
Opportunities like this are becoming increasingly rare. Secure a property that offers stable rental income today and exciting development potential for tomorrow.
Contact Wanil Cho on 0421 737 607 today to arrange your private inspection.
