Detonate or renovate!!! This is a wonderful investment opportunity for a dual dwelling strata subdivision STCA or a large family home new build with the potential of panoramic Myall River views from a second storey. Based on a 4 bedroom, 2 bathroom, double garage x 2 dwellings, a weekly return in the vicinity of $500 per townhouse/villa could be expected as a minimum. That’s $1000 per week or $52,000 per annum!

Perfectly positioned within a stroll to restaurants, shops, cafes and ferry it is the ideal retirement location. Currently a basic but neat and tidy 1 bedroom + study worker’s cottage in need of updating and some TLC with a solid tenant at $190 per week. Beautiful level block with established trees and a wide 19.65m frontage to work with. Original features throughout it would also be an ideal starter for a first home buyer looking for an equity lift!

Phone for an inspection.