DA approval to build 2 units with current income from existing house returning over $1200 per month!

Positioned on a corner block, this fantastic opportunity to develop behind the existing house is suitable for all types of budding property developers. With all the legwork of DA approval already complete you simply have to step up and start building!

This level building site has approval for 2 x 2 bedroom units with open plan living, pergola and courtyard these excellent dwellings offer an excellent opportunity. With an anticipated rental return of $260 per week each along with the current rental return of $280 per week for the separately fenced existing 3 bedroom dwelling, the projected gross return for the site upon completion is a massive $800 per week!

And with local schools, shops and transport all within walking distance you simply can’t go wrong!

Alternatively, you could sell one unit, and lease or occupy the second, all whilst getting the return from the existing dwelling!

For detailed plans or more information contact listing agent Greg Ransom on 0408 493 084 or 02 4933 8011.