OWNERS WANT SOLD AND WILL LOOK AT OFFERS WITHIN REASON!!!! This home is in an excellent area surrounded by high quality homes, and this street, and particularly the homes around this property, offer a prime location for a single home or superior duplex development. The property is bounded by a luxury home over a double block on one side, and new quality duplex homes on the other.

The current home is tenanted at $210 per week, with a rental appraisal at $230-240 for further return. This offers a good income until you build two new architect designed, three bedroom duplexes, each of 180m2, the design of which is available to the purchaser. With the precedent set on the duplex homes adjoining this site, approval is a simple formality. There is a Council fee of $585 for the purchaser to lodge the application and plans. There are already new fences on either side of the property and the street frontage is curb and guttered.

The current home has 3 bedrooms, a large tiled rumpus and laundry area with separate toilet, and a huge double door steel shed for a workshop, garaging or storage, plus a carport. The property has been regularly pest inspected and treated by a licensed pest company. Home Hill is only 100 kilometres south of Townsville, and supports two primary schools, a secondary school, local TAFE Campus, a local hospital, aged care home, bowls club along with local tennis, cricket and race clubs. There is also a local pool for the warm summer months. The coast and beaches are close by for fishing, boating and all recreational enjoyment.

This property offers huge potential, with rental income now to sustain the purchaser prior to developing the property, or move into the property with future financial gains to be achieved at a later stage. The purchaser has many options here -
- Occupy or have a rental income until a time to build that suits you – or hold and sell at a future stage with the architectural design
- Build and sell both duplexes
- Build and occupy plus income
- Build and sell one duplex – holding one brand new duplex home

Don’t miss out on this amazing investment opportunity. Call our office now to book an inspection.