The three P’s with this piece of real estate are Potential, Potential & Potential. This would make an excellent addition to any real estate portfolio. The current DA allows for 4 x 2 storey townhouses to be developed on the rear of the existing site, which has the potential to increase the current return by 66%*. Now that’s good capital growth

*Approximately.
*2 x Income Producing Existing Residences Onsite *4 x 2 Storey Townhouse Approval*DA Approval for Dual Occupancy *Potential to improve returns on existing dwellings*Information Pack including DA available on request