Already in place are plans and permits for five premium townhouses with three bedrooms two bathrooms and double garages while retaining the existing neat and tidy 3 bedroom home.
Set on 2023 m2 it is located in central Moama near the Bowling club, primary school and just a short walk to the Murray River making it attractive to investors or owner occupiers.
This is a chance to develop and sell or retain the townhouses that will return a rate far better than money in the bank or may other investments.
The existing home is let at $1390.00 pcm and will be retained through out and after development of the property giving return from day one on wards.
Price range for the lot is $630,000 to $695,000