Phone Enquiry ID: 38406

Located in the heart of picturesque Sussex Inlet and only metres to shopping centre, doctors, restaurants, cafes, 300m to boat ramp and local RSL Club plus walking distance to waterfront, beaches, parks will allow you to live a true relaxed holiday lifestyle.

* Land is Zoned R3 Medium Density
* Nearly 1200 sqm block
* Currently has a 3 Bedroom House – tenanted
* Attached 1 Bedroom Unit – tenanted
* Detached Large 1 Bedroom Unit – tenanted
* Rear Garage and Lock Up Storage / Workshop Area

Currently returning $880 a week rent and all on long residential leases with fantastic tenants, plus potential for rental increases.

We have concept plans to subdivide and build 2 separate stand alone 3 bedroom houses in the rear and keep existing front house as another option to building 4 brand new holiday style townhouses all STCA.

The front 3 bedroom house and 1 bedroom unit has been renovated with new paint, new bathroom, lighting, air conditioning and carpet throughout.

Massive opportunity for any investor looking for a strong return and potential to develop down the track, or simply sub divide into 3 lots or build 4 large town houses the options are endless.

Lots of options available for savvy investor or perfect for joint venture or first time developer. Concept townhouse photos are of holiday style development townhouses are concept only and STCA.

Perfect site for any property developer, joint venture, mum and dad investors or anyone wanting to expand the portfolio and have an option to build high value townhouses as property prices and demand is are now increasing.