This spacious 1,012 m² block, with wide street frontage, offers fantastic potential for future development, thanks to its low-to-medium residential zoning. Situated in a highly desirable area close to shopping centers, schools, and public transport, this property is an investor's dream!
Currently, the property features a neat 3-bedroom, 1-bathroom home, currently rented on a month-to-month lease for $360 per week, with the potential to achieve market rent of $400 to $420 per week. Rates $1475.25 1/2 year nett, water access $377.40 1/2 year net.
This is a rare opportunity to secure a property in a thriving area with long-term growth potential.
Act fast – properties like this don't last long!
Contact Greg today to arrange an inspection.
