Great investment or first home!
Positioned on a generous 692sqm block in one of Koondoola's most convenient locations, this solid 3 bedroom, 1 bathroom home presents an outstanding opportunity for investors, developers and future homeowners alike.
Whether you're looking to landbank, develop in the future or simply secure a property with an excellent rental return from day one, this is an opportunity not to be missed. The home is currently leased at $630 per week until 20 July 2027, providing a secure income stream while you plan your next move.
Built with the practicality of its era, the home offers a functional floor plan with spacious bedrooms, a comfortable living area and plenty of natural light throughout. Sitting on a large parcel of land, the property offers enormous potential for future redevelopment, subject to relevant approvals. The property is understood to be zoned R20/R60, opening the door to exciting future possibilities in an area experiencing strong buyer and developer demand.
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