This is an excellent opportunity to invest in your future, purchase now and develop when the timing is right. Total land size is 2094m and the three homes presently return $35,620.00 per year in rent and are located in a very convenient spot within walking distance to CBD and trains and have an excellent outlook over Gosford to Brisbane Water. The D.A approval is for a residential flat building comprising 13 units and townhouses. There is plenty of time to build with consent to lapse on 22nd July 2010. Look to the future and prosper