As investments go this one has the edge with several different options. The property comes with approval as a two lot subdivision. The original house is on an allotment of 399 sqm approx. and a vacant allotment with plans and permits ready to go for an additional 3 bedroom 2 storey with a double garage house on 405 sqm approx. The orginial house is extremely well built, incorporating three bedrooms, central bathroom, separate laundry, large open plan kitchen with family and living area. This is a serious beachside investment with the opportunity to develop further, lease existing home, sell the rear block, or sell the house and rear block. The choice is truly yours. Great location (less than 400 mtrs to beach and shops), great development potential at a great price you can’t go wrong. This property is currently tenanted at $1,127.00 pcm till 23/1/2014. Inspection is by appointment only. Call today or you could miss out on this great buy.