An opportunity exists here for a great superannuation package to land bank almost an acre (3601m2) of Res A land while earning a rental return from the existing solid 3 bedroom timber home on low stumps (needs some TLC).
(Rental estimate of $280-$300 per week)
A proposed subdivision layout on this CORNER BLOCK with survey and services plan is available.
Get a return on your investment while lodging application for Development Approval, sell the removal house and construct your boutique subdivision.
The property is located in a thriving area serviced by local transport and within walking distance to public and private schools for young families.
A Sustainability Declaration is Available on Request.