The key to all good Real Estate is location and this has one that is hard to beat, in close proximity to local schools, shops, Arkinstall Park and the Tweed River. This area is currently being developed with the upgrade to the sporting facilities at Arkinstall Park and Highway access nearby which highlights the rapid growth in this area.
This property gives you the opportunity to either develop the current site subject to Council approval or simply buy and hold for the future as property values continue to grow as there has been a lot of recent development activity in this area. The property currently consists of two flats that have a combined rental return of $440 per week.
• Approximate 910m2 flat block
• Development opportunity (subject to council approval)
• Close to schools, shops, public transport, sporting fields and the Tweed River.