Positioned on a prominent corner block of approximately 639sqm, this exceptional property presents an outstanding opportunity for investors, developers, and first home owners. Zoned R4 High Density Residential, the property offers significant future development potential (subject to council approval) while generating an attractive dual income from day one.
The property features a well-maintained four-bedroom residence accompanied by a separate granny flat, providing a combined rental return of $985 per week. Whether you're looking to secure a high-yield investment, capitalise on the favourable zoning, or explore future redevelopment opportunities, this property offers exceptional versatility.
Property Features:
• Approximately 639sqm corner block
• R4 High Density Residential zoning
• Four-bedroom family home
• Separate 2-bedroom granny flat
• Split system AC in both dwellings
• Combined rental income of $985 Per Week
• Annual Income of approximately $51,220
• Strong holding income with future development potential (STCA) on a prominent corner site.
• Conveniently located close to schools, shops, public transport and local amenities
• Opportunities like this are becoming increasingly rare. Secure a property that delivers immediate rental income with outstanding future development potential in a growing location.
Contact us today for more information or to arrange your inspection.
Disclaimer: Whilst every effort has been made to ensure the accuracy of this information, no warranty is given. We accept no responsibility for errors or omissions. Interested parties are advised to conduct their own independent enquiries and due diligence, including seeking legal and financial advice, prior to making any decision.
