Are you looking to secure a land purchase while prices rise? Here is 405m2 of central Rothwell land. Rothwell returns an average rental yield of 5.2%, a median rent of $395 per week, and a median sale price of $398,000. Rental demand in this area is strong. Compared to five years ago, the median house sales price increased by 4.6%!
Although there are currently no dates set for development yet, you don’t want to be saying in five years that you wish you had purchased this land! This area is central to the new train station, shops and plenty of schools.
We estimate costs to fill and put the road and services through to be $70,000 per block.
Be quick to secure this!
Property Code: 340