809 sqm of potential development land is hard to find this close to the CBD. Bring your paintbrush and tools for some minor renovations or start drawing plans for the development to come. Currently tenanted until May 2011, this is a fantastic opportunity to buy into inner-city property without the inner-city price tag.

Council zoning allows for a 450 sqm block to be subdivided at the rear of the property or to build units/townhouses on vacant land.

- Two bedroom lowest cottage set on 809 sqm of unencumbered land.
- Enter the property into the large lounge.
- Oversized kitchen could be redesigned to provide more living area.
- Huge master bedroom has room to put a tidy ensuite.
- Double car linear undercover parking.
- Large lawn locker to rear for storing the tools and toys.
- Plenty of side access for subdivision and a hatchet block STCA.
- Development potential for units.
- The council has already cleared away tree litter after Cyclone Yasi.
- House proven to withstand category 3 cyclone.
- A short walk to Garbutt Shopping Village.
- 2mins drive to Castletown Shopping Centre.

Currently returning $270 per week, this is a fantastic opportunity to buy a property with too many options to list. Do your sums and you’ll discover this one won’t be on the market long.

A sustainability declaration can be obtained by request.