Thinking of starting out as a Developer? This great property would be the perfect first investment. It has DA Approval in place to divide the block into a House block, a residential block and a unit development block.
Live in the house now or rent it out while you develop the other blocks. The house is currently tenanted for for $330 per week.
Once subdivided the 100 year old home will be set on a 1170m2 block and has 3 bedrooms, 2 of which are built-in, with the main bedroom having reverse cycled air-conditioning. There is a huge central lounge with a wood heater and a gorgeous sunroom. The kitchen and bathroom has been fully renovated with the galley styled kitchen having modern appliances and a dishwasher provision and the bathroom has a separate spa bath and shower. There is a family room at the back of the house and a verandah across the front. The home is high set and you can park your car under the house.
There is a residential block which will be 954m2 perfect for someone to build a home on and the development block is suitable for units and is 2735m2.
What an awesome opportunity to get into development or to buy a great home for you to make your own.
For further details contact the listing agent.