Description
Phone enquiry code for this property : 0384
CALLING ALL DEVELOPERS & INVESTORS.
PRIME FREEHOLD BOUTIQUE DEVELOPMENT SITE 627m2 parcel of land..
Impressive HOLDING INCOME $151,214 pa.
• High Density Residential
• RD7 - Residential Density permits 1-bed per 25 m2.
• North facing Water Views.
• Unique Corner Block allowing separate ingress & egress for developers.
Blue Chip Investment for future development offering panoramic water views and Hinterland sunsets. Strong holding income allows multiple commercial options, including maintaining current business, multi-level residential with ground floor commercial/retail redevelopment.(STCA)
Opportunities like this one only come up once in a generation, so do not delay.
CURRENT impressive Income summary over $138,500 pa
Unit 1…$580pw
Unit 2…$410pw
Unit 3…$400pw
Unit 4…$ 560pw
Unit 5…$550pw
Unit 6…$400pw
Block of “Six units on One title” providing reduced
Council Rates 2023 @ $8140 pa
Water Rates 2023 @ $10,422 pa
Strata Management Fees @ $0.pa
General Features
• Bedrooms: 9 with built-in robes & ceiling fans.
• Living and Bedroom areas tiled throughout.
• Bathrooms: 6
• Car Spaces: 7
• Communal coin laundry
Other Features
• 3 minutes walk to Woolworths & Cavill Shopping Mall.
• 4 minute walk to light Rail.
• 6 minute walk to Beach.
Phone enquiry code for this property : 0384
CALLING ALL DEVELOPERS & INVESTORS.
PRIME FREEHOLD BOUTIQUE DEVELOPMENT SITE 627m2 parcel of land..
Impressive HOLDING INCOME $151,214 pa.
• High Density Residential
• RD7 - Residential Density permits 1-bed per 25 m2.
• North facing Water Views.
• Unique Corner Block allowing separate ingress & egress for developers.
Blue Chip Investment for future development offering panoramic water views and Hinterland sunsets. Strong holding income allows multiple commercial options, including maintaining current business, multi-level residential with ground floor commercial/retail redevelopment.(STCA)
Opportunities like this one only come up once in a generation, so do not delay.
CURRENT impressive Income summary over $138,500 pa
Unit 1…$580pw
Unit 2…$410pw
Unit 3…$400pw
Unit 4…$ 560pw
Unit 5…$550pw
Unit 6…$400pw
Block of “Six units on One title” providing reduced
Council Rates 2023 @ $8140 pa
Water Rates 2023 @ $10,422 pa
Strata Management Fees @ $0.pa
General Features
• Bedrooms: 9 with built-in robes & ceiling fans.
• Living and Bedroom areas tiled throughout.
• Bathrooms: 6
• Car Spaces: 7
• Communal coin laundry
Other Features
• 3 minutes walk to Woolworths & Cavill Shopping Mall.
• 4 minute walk to light Rail.
• 6 minute walk to Beach.
Phone enquiry code for this property : 0384