Current development approval for existing cottage to be subdivided to 379m² level road frontage lot.
Plus approval for 3 x 2 bedroom single storey units all with garages on 1,000m² block
The existing cottage is leased for $250 per week to a reliable tenant. This provides holding income pending a purchaser’s decision to move in or develop.
Be close to childcare, private hospital care, well located to all transport, university and local shopping.