Bring your creative ideas to this 1260sqm Alice Springs’ property zoned MD Multiple Dwelling. Suitable for four new units or you may be keen to keep the existing three bedroom home and build additional accommodation at the rear. The existing house is of solid construction and is positioned close to the front of the property leaving an enormous space available for development.
Check out the neighbouring property displaying what could be achieved on this site -
tasteful, modern and with long term tenants in place. Such development has served to improve the whole surrounding area.
This property sits alongside a popular self-contained apartment complex and backs onto privately owned homes in the next street.
The current rental income for the existing house is $440per week. This is a bonus whilst you plan your new development!