Attention smart investors this property is suitable for future development (STCA)

The land size is 1,619m2 and is zoned residential meaning it could be suitable for subdivision or (Subject to Council Approval) for future multi unit development on the site.

It has a great rental return now and is offered for sale with 2 long term tenants.
The main home is a character home with two bedrooms and featuring a modern gallery style kitchen. The home has a good sized lounge room with reverse cycle split system air conditioning plus a gas heater.

The home features include the main bedroom has built in robes and the bathroom has been updated and is in excellent condition. In addition the home exterior is finished in low maintenance cladding and has pleasant verandas on both the front and back of the home.

The home is currently tenanted to excellent tenants who would like to stay the home is rented for $385.00 per week. As this home is currently tenanted buyer inspections will require appropriate notice given.

The bonus flat in the back yard is a tastefully designed single bedroom accommodation that is separately metered for electricity it boasts a modern open style. The flat has a combined kitchen/ living area, bathroom and bedroom that is accessed by a covered veranda area. This flat is currently rented for $285.00 per week.

In addition there is undercover accommodation for two cars and an adjoining lockable storage area.

This Property is bound to be popular so if you are looking for a good long term investment with current excellent rental returns call now for more information Scott Penning - 0415 - 576 646 or at Office 02 6342 3344

James P Keady Pty Limited – A Family Company since 1912

DISCLAIMER: All information contained herein is gathered from sources we believe reliable.
We have no reason to doubt its accuracy, however we cannot guarantee it. Interested parties should rely on their own legal advice and the accuracy of the contract.