This 790sqm development block is zoned R25/40 and has council approval for 3 properties to be built on it although the approval is currently out of date.
The 3×1 dwelling that is
currently on this property was rented out at $300 per week up until recently, but would need to be removed to make way for the 3 new houses, but could be rented back out again straight away in the short term.
Close to public transport, hospital, shopping centre and schools. Once built these 3×2′s would fetch in the region of $370 each per week in rent .