Positioned in a wide riverside street this rare site offers position, potential and income

| 6 apartments in total consisting of 5 x 2 bedroom single level apartments & 1 x 3 bedroom 2 level town house

| Total land area is 1,295sqm on one title

| All apartments are permanently let out with gross rental of $75,000 per annum

| Full Development approval for three luxury apartments covering the site

| Significant dispensations achieved in plans that may not be achievable if submitted today

| Further extension granted to Development approvals out to the 3rd of February 2014

| Superior position with wide streetscape and very close river proximity

| Located in a central high growth area with quality properties surrounding

With very few large development sites left in such close proximity to the river, this is a great opportunity to purchase with all the planning work done.