For sale by Auction this property could hold development potential in a nice quiet cul-de-sac. The existing home has more space than the area’s average 3 bedroom, check out the floor plan. Open lounge and kitchen, semi-formal dining space and three decent bedrooms. There is an additional rumpus space off the third bedroom that could be great for teenage children, study or play area.
Another option of course (subject to council approval) is to re-develop the site into multiple dwellings with this large 1201m2 flat site.
Currently returning $260pw Investors should also take note of the good return on investment here.
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