An outstanding opportunity for builders, developers and investors, this property comes with CDC approval for three townhouses and is positioned on a prominent 607m² corner block in a prime location.
With the approvals already in place, much of the hard work has been done, allowing the successful purchaser to move forward with confidence.
The existing home is currently tenanted and returning $600 per week, providing an immediate rental income while you prepare for the future development.
Property highlights include:
- CDC approved for 3 townhouses
- Generous 607m² corner block
- Prime and highly convenient location
- Existing home currently returning $600 per week
- Ideal opportunity for builders, developers and investors
- Secure rental income while preparing for construction
This property must be sold. Opportunities with approved development potential like this are becoming increasingly difficult to secure.
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