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Holding Income - Development Potential
- 8 Beds
- 4 Baths
- 4 Cars
Calling all investors and developers. Superbly positioned unit block of four, two bedroom self contained units returning $60,060 per year. Given the prime location, this is a unique opportunity to buy and hold or reap the re-development reward. Your choice. STCA we believe that a twelve apartment complex would be ideal for this site. Each unit has two double bedrooms, separate kitchen, tiled bathroom and separate toilet. Car accommodation is by way of individual carports and a shared laundry is provided. The property consists of three lots on one title.The land size is 961 square meters. Information Memorandum available.
961m² / 0.24 acres
4 carport spaces
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