These three adjoining properties are positioned on the fringe of the CBD and have a whopping 3,136.7sqm of land combined.
Add the fact there are three houses which can offer a rental return, our estimated combined ‘market rent’ would be from $1,150/week (two of the homes are currently leased).
* Three separate titles being sold together
* Each title has a house which can generate rental income
* Prime position being close to CBD, hospital and ALDI
* Dual street frontage
* 11.5m height limit
* Earmarked for medium density development as per the Midcoast Council Strategy
* Ideal for multi-residential development with the possibility of three storey’s (all development is subject to council approval)
* 3,136.70 sqm of combined land
Take advantage of this unique development opportunity where you can buy and land bank, or develop to satisfy the current demand for sales and rental housing. Call Adam Stevenson on 0409 607 967 to find out more.