With all things in Real Estate its location that counts and 34, 34b and 36 Morehead Street ticks all the boxes if you’re looking for an opportunity to develop now or in the future.
Currently there are two homes on the site plus a massive 500sqm shed with the potential rental income of $79,000 per year for the lot, or alternatively you may be in the position to start the development straight away.
The council has already approved 16 x 3 bedroom unit developments and with its clubs restaurants and boutique shops there is no doubt that the development will be popular with the owner occupiers and investors alike.
The owners have given clear instruction that the site has to be finalized as soon as possible and will look at expressions of interest as they are presented. Come along to the Auction date or call for a private inspection.
A copy of the Sustainability Declaration is available by contacting our office.