Positioned in the heart of Norman Park are two lots comprising of prime land with the capability to develop Townhouses.
Preliminary enquiries have indicated that the affordable housing incentive package offered by the Federal Government could apply to this particular development.
This site offers multiple opportunities being close to rail and other essential infrastructure ensures great returns for the astute developer.
Extensive negotiations have resulted in these two special lots coming onto the market at the same time. Combining the two lots has created a very viable opportunity.
One lot offers a 3 bedroom home that is currently rented and would return a substantial income whilst awaiting D.A. approvals.
For further details on this site please call the listing agent.