This is a beautiful block of land consisting of 2819.9 square metres with park-like landscaping. A line of tall trees screens it from the street. There is a 3 bedroom cottage on the block that could be renovated or demolished as required. The cottage is currently rented for $150 per week(lease expires August 09). There is backyard access from a rear lane and zoning allows for duplexes to be built on the site.
Currently showing a gross rental yield of 5.23% (based on a sale price of $149,000)
For more information contact your exclusive selling agents Scone First National – 0265 452611 or visit www.sconerealestate.com.au