UNSURPASSED DEVELOPMENT OPPORTUNITY - INVESTMENT BONANZA
SCARCELY OFFERED AND SELDOM FOUND THESE PROPERTIES ARE INCREDIBLY DIFFICULT TO SOURCE AND OWN. WE OFFER TWO UNIT BLOCKS SITTING SIDE BY SIDE (SEPARATE TITLES) ON A LAND HOLDING OF 1695 SQUARE METRES. THE COMBINED RENTAL INCOME IS $174,200.00 PA WITH THE INCOME ON THE LOW SIDE THERE IS SCOPE FOR A MUCH HIGHER RETURN. HAVING GREAT DEVELOPMENTAL PROSPECTS AND HOLDING POTENTIAL WITH A COMBINED FRONTAGE OF 43 METRES THE PROPERTY COULD BE DEVELOPED NOW OR HELD FOR FUTURE DEVELOPMENT. Both unit blocks are on two titles (807sqm and 888sqm) comprising 4 x 2 bedroom and 5 x 2 bedroom (nine two bedroom units in all) with each being fully let.
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