Is this the profitable real estate investment you have been looking for? The central location and the surrounding developments make this property a winner for the right person with enterprising ideas.
There is an expired development application on the property for six units, there is great potential for future gain here with a demand for new units strong.
The existing timber home is currently rented for $320pw and will provide good holding income until you decide to re-develop.
779sqm of flat land.
Close to shops, other facilities
Backing onto park/fields
Similar developments nearby.
Do the sums and make the call today.