This has it all, location, income, zoning and development potential which rings bells in an investors ear.

Currently there are two dwellings situated on 1012sqm corner block of land returning a total of $670pw

Being zoned R3 which allows medium density, this could be ideal for townhouse development subject to council approval

* 1x 4 bedroom brick veneer home
* 1x 2 bedroom cladded home

Features of main home include:
* Large combined lounge and dining room
* Ensuite to the master bedroom
* Built-in wardrobes to all bedrooms
* Family room off the open plan kitchen
* Gas cooking and stainless steel appliances including dishwasher
* In-ground salt water swimming pool
* Covered entertaining / BBQ area
* Side access to the rear yard and double carport
* Returning $430pw with tenant keen on staying on

2nd dwelling features include:
* Polished floors,
* Separate lounge and eat-in kitchen
* Returning $240pw with tenant happy to stay

Showing a good return and loads of infrastructure projects happening in St Marys and surrounding areas, this is a property to circle.

Contact Peter Diamantidis on 0404 051 702 for further details