Description: Original Dwelling ideal for rental income , Invest, Land bank or develop.
Single block 807m2. Frontage 20m x 40m.
Zoning : Medium Density, Hi Rise.
Zoning height : Maximum building height 32m.
Zoning Density : Maximum dwelling density 200 dwellings per hectare. Approx 15 units per block.
Expected Rental return – $380-$400 per week.
Across the road from Council Parks and Aquatic Centre.
Minutes away from all major shopping, schools and essential services.
Direct access to M1 north and south and bus networks.
I have recently sold 8 similar properties with this zoning, great development opportunities like this will not last long.