Presently sitting on approx. 720m2. This block is conveniently located just 200m to neighbouring Balmoral boat ramp. Current residence offers stylish flooring and nicely painted interiors. Modern kitchen & bathroom with sought after tenant currently returning $320 per week. In addition to this there is a detached 1 bedroom granny flat in need of attention/renovation. A little TLC and this would allow for increase in existing returns to be achieved. Also available are concept plans for a second 3 bedroom dwelling STCA. A solid investment opportunity for astute buyers. Would also be great first step into home ownership on a budget.
Land Size: 720sqm approx
Zoning: R2 Low Density Residential
Council Rates: $1658pa approx
Water Rates: $712pa approx
Council: Lake Macquarie