Here is an incredible opportunity which should not be missed! This huge quarter acre parcel of land is perfectly located right in the heart of the thriving country township of Cooroy. The land is zoned for multiple dwellings so you can capitalize on obtaining a rental return of $350 per week knowing that in the future you can develop the block.
A neat and tidy lowset brick home consists of 3 bedrooms, 1 bathroom and is located at the front of the land leaving a huge backyard for the kids or plenty of scope for development. The property has a rear laneway which neighbouring properties have taken advantage of as an access to a second dwelling. Storage is taken care of with a large colour bond shed at the rear of the property, ideal for any hobby. This property’s location is ideal for an investment property as it is close to all transport, shops and medical facilities yet is quiet and peaceful.
Property Zoned: Attached Housing (units)
Land size is 1012m which = 3 x 3 bedroom or 4 x 2 bedroom units.If access is required from back laneway – the developer would have to extend the toad in the laneway.