This allotment of some 1900m2 is zoned medium density. Situated on the allotment is an extended 1920′s freestone cottage that is now a commanding 10 roomed dwelling that is currently leased as medical consulting rooms.

With a return of approximately $50,000 per year under a secure lease for another 3 years with a 5 year option this provides the purchaser with a fantastic alternative to residential letting. Lease details are available.

The real prize however is the zoning of this parcel of land ‘Medium Density’ which means that at the end of the lease the lucky purchaser will have the option to develop perhaps as they have done right next door.

Rarely does such a well priced investment come along that such a powerful ‘PAY DAY’ built in!

Call Max De Boo on 0411 420 177 for more information.

RLA 155659

* ALL OFFERS CLOSE FRIDAY 4TH SEPT AT 12 MIDDAY *