Here is an Opportunity for an investment syndicate to put their eggs in one basket and Buy, then develop this DA Approved Site to either on sell the Apartments indivually, or hold to operate a Fabulous business as a Hotel/Serviced Apartments for High income yields.
This site of 1672m2 is DA Approved, for 68 X Rresidential Apartments (52×2 Bed. & 16×3 Bed.) plus for 4 Retail Tenancies of 82m2, 75m2, 81m2 and 77m2.
Currently as an exisiting Budget Motel with holding income until development is to start.
The Position, the Potential and the Property, say’s it all!
For further information, or would like to submit your Interest, contact Michael Mangelakis.