DEVELOPMENT POTENTIAL

This property is centrally located on the corner block of Brookman Street and Outridge Tce and is approximately 1173sqm in size. There are four dwellings including a house and three street fronting cottages upon separated fenced in portions of the lot. One of the cottages is currently tenanted with opportunity to rent the house and the remaining two cottages. The main house requires some TLC but can be tenanted in its current state. There exists a potential to collect an impressive return of up to 15%pa.

This is a great opportunity to increase your investment portfolio alternatively develop with up to 8 new units. It is also ideal for the handyman to live in and restore.

View by appointment only.

*Four Dwellings *Zoned Central Business R60 *One Title *Separate Power Connections *1173 sqm Block approx.