What makes this unique???? Currently there is a four bed, two bath home split into two units and both independently rented for $220 per week.

The zoning allows for a maximum of four units to be built on this site (subject to council approval)
What is unique is you have an immediate return with two tenants in place and the development potential to increase that return.

The land size is 1040m2 and you are soooooo close to the Miami shopping precinct. This location offers restaurants, shops, services and also walking distance to the beautiful Falcon Bay beach.

The properties are split into unit A and unit B. These both fall under the same title and the current owner individually rents them.

The property benefits from a bore and unit B has a shed.

The options available for this are as follows;

* Rental investment – each unit is rented for $220 per week
* Development potentials – Up to 4 units (STCA)
* Holiday home – Walking distance to beach and restaurants
* Family home – some internal reconfiguration will give you a comfortable four bed, two bath in a convenient location

If you would like to know more or to have a look through, I look forward to your call.

Chris Butterworth