This location is excellent for your unit development. You are only a short distance from the Harbour, Denison Park & CBD. You are however away from the newly adopted council flood study which will save you thousands in build costs and height restrictions.
This basic home is currently returning $300 per week which will cover costs while you are making you Development Application.
The home is a four bedroom lowset family home with a rear entertainment deck, double car lockup shed and it is walking distance to the primary school as well.
Be quick to research this property, there are very few available in this location.