Fantastic 6 lot development site with plans and permits for six 3bedroom plus study/4th townhouses. With all six townhouses offering there own street frontage this site means there is no body corporate required. Starting from 18 squares these townhouses feature modern open plan living areas, two bathrooms & 3 toilets and a selection of single/double garages, unit 1 also offering a bigger home and larger back yard making it the feature of the development site. Located close to central Bayswater this property when built can attract the savvy buyer who can either use a car or the many options of public transport right at the front door step. With a sleek and modern design this property has great appeal and when built these well planned townhouses will certainly attract to a diverse market.
With the current home being leased at $1214 per calendar month this property is bringing in a return before the building starts.