This is an outstanding investment or re-development opportunity in a highly sought after area of East Albury - located close to cafes, parks, bus stop, railway station, bike track and only a short walk to Dean Street. With fully approved plans for redevelopment this is a rare development/investment opportunity. The site is currently four x1 bedroom brick residential flats with rear lane access, and sits on a 1,047m2 allotment. The site is level with a North/South orientation and an existing rental return of $29,640.