Located in a quiet family street, this block of units has been DA approved for a four lot strata title subdivision and represents an excellent opportunity for the investor looking to enjoy immediate returns and add value by completing the subdivision that has been approved.
Configured as four, one bedroom units with open plan kitchen, living and bathroom, each unit having its own oversized carport area.
DA Approved to subdivide into four separate strata titled units - with each unit having a dedicated carport space and their own yard space.
Beyond the current approval the property could, with planning, potentially take advantage of the large area available on the lower level to increase the size of the units or even add more value again by creating additional lettable area STLCA.
Unit 1: $270 Unit 2: $235 Unit 3: $260 Unit 4: $260
Total Rent: $53,300.00 per annum Council Rates: $562.28 per quarter
For full information pack please email. Viewing by appointment only.
No open inspections scheduled.
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Contact Darren Penn to learn more about this property, request an inspection or take an online tour.
Block Size:659 m²*
*These are approximate values based on available information.
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