Sitting within a popular Annerley street, this 810m2 block already split on two lots with a rare opportunity to be able to knock down and build either a 3 storey unit block or two brand new houses (STCA)
With the new "More Homes Sooner Scheme" adjustments to the town plan, this property is now applicable for an increase to 3 storeys, meaning units blocks or 3 storey townhouses significantly increases the yield for the property
Currently with a 4 bed 1 bath home, neat and tidy returning $845 per week, there is good holding income for the future whilst you plan what is next.
Unique opportunity to purchase before it hits the market