What you have here currently, is a period style weatherboard house on a corner block and an adjoining block with 6 x 2 Bedroom units.

Total land area 2,000m2 approx!
Total rental income approx $41,000 pa when fully tenanted

Good tenants are in place currently, with options here a plenty.

Develop the house (STCA)
Subdivide the units
Renovate the existing house and units to add value
Bulldoze and redevelop the lot (STCA)

For further details of this excellent opportunity, please contact us.

INSPECTIONS STRICTLY BY APPOINTMENT ONLY
Chilli Realty
Red Hot Service in Real Estate