Located less than 200m to the beach, this property has a medium density zoning and would be suitable for 2 large townhouse type development (Subject to council approval). The 481 m2 block has 41 m frontage on Pearl st and very easy access to the beach, shops and cafes. All are within easy walking distance. Current improvement is an old 2 bedroom house rented for $300 per week.
Buy today, develop tomorrow or in a few years. This location zoning and price will not be affordable for long.