This 911sqm property is zoned 3D Waterfront development, which should feature waterfront/marine activies & tourism. The property creates an opportunity for a like minded developer to develop this property and take advantage of the tourism growth in Chinderah. The home features 2 x bedrooms, one bathroom seperate lounge & dining. This property is currently leased to Administration/Department of Veteran Affairs, with a rental return of $26,546 pa, including all outgoings and maintance. This represents a great return.