Property developers look this way!!!
You can’t look past this redevelopment site with 5 units already on the block. Situated on 810sqm and with the zoning in the area potential going to 3 or 4 stories subject to council approval, this is one site you can not miss out on.
Currently returning $42,510.00 a year with room for improvement.
Also situated 300 metres from Shopping Centres and only 500 metres to the water, it is a perfect spot to develop now or hold onto this site with an income coming in and redevelop at a later date.
Contact Sam Tornabene on 0418 729 458 for more information regarding this site.