What is one of the biggest social issues in Tasmania? Affordable housing.
And now is your time to do something about it and create an income stream at the same time.
Either buy to live in, develop or both. The available choice is yours to make!
On over half an acre, 12 Tully Street, St Helens is a prime development site and it's long, yet narrow, configuration is ideal for a residential villa development. Easily able to accommodate 6 lifestyle units (STCA), not only will you create a property portfolio, but you will also be providing desirable homes for those seeking quality living options that are in striking distance from town.
Whether you build to sell or build to rent, the sums add up. With 2 bedroom units selling around $400,000 and renting between $300 - $350 per week, the sums add up for developers. Capitalize on the potential to subdivide and expand, or craft your own bespoke residential project in a location where land is becoming increasingly scarce and valuable.
Of course, if development is
assignmentLooking for more information on 12 Tully Street?
Explore comparables, sales history and growth for this property.
