With a prime location just a few minutes to beautiful Palm Beach, this 4 unit site (or 5 unit site of Over 55s) offers genuine potential for profit to developers! It is a 1287sqm block, zoned R30, and currently has a 2 bedroom shack which could be used as a rental while you make your development plans. It is currently rented privately on a periodic lease for $175pw.

Vaux Street itself is a peaceful, quiet road not far from the beach, proposed Mangles Bay Marina and Lake Richmond. This is a rare opportunity in this location and an excellent way to take your investment portfolio to another level. Call Steve now on 0419 955 835.