Opportunities like this dont come around often Currently rented at $275 per week to a secure tenant, enjoy the benefit of regular cash flow and great rental returns while you complete your plans to develop this investment gem. Situated on a big flat 1077m2 approx. block with large a backyard, this well-presented established home is ideally positioned toward the front of the block with good access down both sides – just perfect for development (subject to ICC approval). Retain the existing house, subdivide the back yard, build a second house The opportunities for the smart investor to profit are endless! Theres even a proposed plan of subdivision already prepared and available on request. Complete with beautiful hardwood timber floors throughout, an enormous kitchen with plenty of storage, air-conditioning to the master bedroom and living area for year-round comfort, and so much more, this excellent home has always been in demand by quality tenants. But youll need to act quickly – great investments with so much extra development potential like this are extremely rare, and the opportunity to secure such a desirable property will not last. Dont miss out call now before another shrewd investor snaps up the deal of a lifetime!