Explore the various opportunities offered by this 1/4 acre (1014m2) parcel on the fringe of the CBD. Currently zoned R2 Residential, this would be a prime spot for a unit development or, as it’s next door to commercial premises, there is the possibility of having it rezoned to commercial/business use. The Queenslander home presently on the block is leased until the end of November 2010 at $330 per week, so you have some time to get your plans organised whilst still receiving income from the property. If you are looking for an investment property, this return could be improved upon with some refurbishment of the house which has three bedrooms plus a sleepout, neat kitchen, good sized living area, and plenty of room underneath for storage. For further information, call Quinten Muller at Century 21 Bowen today.