Rental income while you get subdivision approval. This property is currently tenanted so you’ll get income while you get subdivision approval. Located on a large 791sqm allotment, close to Beach Road shopping and a short stroll to Christies beach, is this lovely brick cottage with rear extension and separate out building. The home consists of two bedrooms and lounge, the extension has open plan kitchen dine plus separate laundry, toilet and bathroom. The home is in really good condition with a modern appearance.
The home has a paved patio area at the back and carport on the side, the block is fairly flat and will suit subdivision, ideal for a hammerhead development or will suit two town houses side by side, subject to council consent a two storey development should give the upper level some reasonable sea views.
The property is currently rented out at $260 per week so there is income while the buyer/developer is awaiting council approval to begin development.
For further details or to arrange an inspection phone Brian Pounsett on office number 8382 3773 or mobile 0411 519 630 anytime.