This property is located in the heart of Hervey Bay at Scarness. Situated on Torquay Road the 1532m2 block is zoned Residential low density and is a prime unit development site. Hervey Bays increase in population and popularity is a true indicator for assured capital growth. This property is ideal for the astute investor, retiree and/or developer. The property currently boast three tenantable dwellings, ideal to assist in bank repayments or perhaps live in your home while receiving a passive income during your retirement.
* Prime Development Site
* Rental income assured
* 2×2 bedroom units + 1 large two storey 3 bedroom home
* Rental appraisal- $30K/annum