Develop this perfectly positioned land parcel of 810m2 into multiple unit dwelling lots (STCA) and profit from the current property uptrend.
The dual title site has 20m frontage and is 40m in depth.
Located in the Margate business precinct this site can capitalise on potential water views if built up.
Currently there is a three bedroom home on the site that is returning $290 week.
This is a rare opportunity that should not be missed.
810m2 block
Mixed residential zoning
Margate business precinct
Close to water
Close to transport
20m frontage