This property is a developer's dream. Situated on a block of 842m2 this is one of the last properties on Quarantine Road with excellent development potential. With the opportunity to build 3 units (STCA) this property is not one you will want to miss out on! A flat block with great access and located in a convenient, sought after neighbourhood with good proximity to schools, Kings Meadows shopping precinct, public transport and walking tracks.
The existing dwelling offers open plan living, with a kitchen sized for great functionality. Two spacious bedrooms, two living areas, a wood heater plus heat pump all with a lovely sunny aspect, low maintenance yard and single car garage.
Currently tenanted until July 2026 with the option to renew the lease to ensure the property generates income whilst awaiting potential development.
• Large flat block with development potential (STCA)
• Existing tenanted dwelling
• Sought after location
• Less than 15 Minutes from the CBD
• 3 Minutes to Kings Meadows shopping precinct;
Council rates: $375 p/q approx.
Water rates: $300 p/q approx.
Building size: 88m2 approx.
Land size: 842m2 approx.
Year built: 1958
Currently Tenanted at: $380 per week approx.
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
