This property at 3 Fraser Street has the opportunity to be divided into 3 blocks, subject to Local Government approval. At present there are three income streams and I believe income and occupancy is very good but the potential for improvement is a very big possibility and application to develop many more units on this superb site exists, up to a total of 24 units. The site is magic, it looks out across the harbour and Risby Cove and is only minutes from the village and indeed very accessible to all services and facilities. The area is 6863m2 or 1 3/4 acres approximately. A skeleton business plan has been proposed and some details are available. More information can be provided.