Look at this Capella property which is ideal for development or to use for home business purposes.

The 1118m allotment has 80.6m frontage to a laneway between Peak Downs Street and Abor Street.

There is plenty of room for town houses or house and then there is a quite modern shop at the front.

The shop is occupied by a chemist and could be converted to office with little expense.

Currently tenanted until August 2013.

Listed at just $250,000 you should consider this duel purpose allotment before looking elsewhere.