As the market slows, smart buyers are on the prowl for new opportunities to make easy money. If you are one of them – then look no further.

Here is a fantastic 658m² corner block in a good street in Zilmere with a DA to construct three two-level townhouses. And these aren’t just any townhouses – they’re more like terrace houses. The existing post war home can be either demolished or relocated.

Featuring an open plan living, dining and gourmet kitchen on the lower level, and three bedrooms plus a media room on the upper level, these townhouses are well positioned for the upper end of a growing market in this area which is so close to the city and all amenities.

The living areas of each townhouse opens out onto a massive patio at the rear, while on the upper level, both the master bedroom and second bedrooms have their own tiled balconies.

Add to this a massive walk-in-robe and ensuite attached to each master bedroom, plus a separate bath on the upper level, powder room downstairs for guests and loads of storage, plus a double lock-up garage, and you can’t deny these are special townhouses.

If you aren’t ready to develop just yet, there’s no rush to build. With a very neat and tidy three bedroom, one bath post war home on the block, you can either live comfortably in the home or continue to rent it out while you wait.

This would make a terrific first home, with great investment potential for the future. The home is currently in good condition, but could easily be improved in the short term.

On top of possessing a DA for three first class townhouses, the other benefit of this investment opportunity is its solid location. Positioned on the corner of Gledston and Macansh Streets, the position is quiet, gets nice breezes and has excellent elevation. Across the street is a bus stop with Centro Taigum and rail within easy walking distance.

If you are ready to make some easy money, then you had better make your move now – before all the other smart investors wise up.