This character filled sandstone cottage on a large 1701sqm block is perfect for the family investor, developer or builders alike. With an approved development application for a two lot subdivision this allows you to build your dream home and your investment portfolio simultaneously. The current home offers three bedrooms, updated bathrooms & kitchen, polished floorboards and new carpet & paint. With a current lease attached to the property you can earn money whilst doing the subdivision. Ideally situated in a sought after area close to all amenities including public transport with M2 Bus access, schools, shops and local state forest & parks-a great investment opportunity that is positioned for profit!