Positioned in the centre of the changing landscape of Carina Heights – here is a superb developer’s opportunity to capitalise on this great future build investment.

Small-scale, enterprising builders or project managers this is an easy, manageable starter getting you on the property development ladder and generate a pot of gold.

This type of project could also be a potential advantage for overseas migrants to start their migration business plan.

With 905sqm of relatively flat land boasting views, on a street where Council zoning is LMR and previously applications have already been approved on similar blocks in the area, there’s scope for building 5 townhouses.

In high-demand within this area due to proximity to the popular Westfield Carindale shopping centre, bus terminal, local schools, Gateway motorway and still only 10km from the city.

With the current home generating a healthy $440 p/w in rent – there’s no pressure when it comes to timing your development. A lease is in place until June 2013 or even longer subject to negotiation with tenants so there’s ample time for planning and preparing your application.

The property’s weatherboard construction is typical of the era it was built and remains strong and solid. The layout of this home offers decent living spaces including a downstairs living and laundry areas plus a single lock up car space.

Upstairs there’s a cute front porch and a big lounge room with bright windows. A functional kitchen with integrated meals area with polished hard wood flooring. 3 nice sized bedrooms (2 of which have built-in wardrobes) and a family bathroom with separate toilet.

Take advantage now – inspect this property without delay! Tender closes 8th April, 2013 at 5pm. All enquiries welcome.

All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.