The critical data is as follows:
* A duplex property in RZ2 zone
* Comprises 2 of 2-bedroom townhouses
* Located across the road from the Cook Shops
* On Bus route
* Has not been Unit titled
* Double carport
* 804m2 site
Ponder this
* What would you pay for a 800m2 RZ 2 block in this location?
* Then what is the additional value of the two townhouse built in the 1970′s?
* What is it worth if you could Unit Title the properties and then sell them off separately?
* Or what is it worth to land bank this as an investment with additional development options?
I am not going to rave on about the opportunity, if you are a player you will see the potential, so call and discuss the options. If you are not, well thanks for reading the advertisement.
Call to get a copy of the building report and details from the building file.
Essential Facts
* Unit Size: 90.73 m2 each
* EER: 1.5
* Block Size: 804 m2
* Zoning: RZ2
Annual Fees & Charges
* Rates: $3,664
* Land Tax: $5,532 – (If leased)
Disclaimer
All information contained herein is gathered from external sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and satisfy themselves in all respects.