Develop Now with Holding Income
This large 852m2 block with approximately a 27.2m frontage is a developers dream. Split this beauty down the middle for two good sized green title lots, in a suburb proven for growth over the years. The existing home is a very comfortable brick three bedroom one bathroom abode with the high ceilings of its era, air conditioning, lovely polished boards and a very functional kitchen and bathroom, but more specifically, it is currently tenanted at $550 per week, giving you a holding income whilst you go through the approvals process to get your development underway. This is a gem.
Lot/Plan No: P402495 789
Lot/Plan No: P402495 789