With economic doom and gloom seemingly battering us from every direction, its easy to think there are no money making opportunities out there.

27 Achibald St is a rare exception.

This elevated, gently sloping 400sqm vacant block provides a number of unique opportunities.

Unrenovated 3 bedroom colonials in the area have recently sold for in excess of $800,000.

One option would be to buy a house to move onto the block, raise to legal height and onsell for a tidy profit.

Another might be to build a spec home. Contemporary residences have been and are being constructed in the street, so you may not be restricted to building a colonial replica or the like.

Alternatively, if you have been having trouble finding what you want, why not build it?!

Water and sewerage are already connected, so bring along your architect and create a masterpiece! Our motivated sellers want to hear from you!