Attention all savvy investors! A wonderful and rare opportunity exists to develop a prime slice of real estate on the Darwin CBD outskirts with an application to build a unit complex already approved. This opportunity is just waiting for the right buyer to come along to either sit on the investment and continue to enjoy a decent rental return or demolish and develop for future growth.

What we love about this opportunity:

andbull; Massive 1,112 MR zoned allotment
andbull; Approved application to build 12 units
andbull; 30.48 meters of street frontage
andbull; Prime position on the fringe of the CBD, opposite other modern unit complexes
andbull; 2 Bedroom 1 bathroom residence on site yielding $470pw in rental return

The appeal is evident given the locality, zoning and building approval but what’s more exciting is that this opportunity rides the wave of Darwin’s recent surge of growth and demand for real estate, meaning the successful buyer could really reap the rewards of this investment and potential development if they act now.

“Make a Start with Team Derek Hart”.