Superlative Development or Investment Opportunity-Not to be Missed!
Unbelievable development opportunity situated on a 569 sq metre block a mere 200 metres from Town Beach with fantastic views. This 2 storey brick and tile complex currently consists of 4 good-sized units. Each has two living areas and two double bedrooms serviced by a family bathroom. There are full window treatments and undercover parking for each apartment.
The developer or investor with imagination would look at the future potential of the block, as it is zoned T1 residential tourist, and has a height limit of SEVEN stories! In the meantime, the property currently returns $52,000 per annum and is fully tenanted!
This amazing development opportunity with massive potential for building something incredible is one that you simply can’t pass by.
- Car Parking - Surface
- Close to Schools
- Close to Shops
- Close to Transport