Attention builders, developers and investors

42 Fernleigh Road, Mount Austin, 2650

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 746 sqft
  • Bedrooms 4
  • Bathrooms 1
  • Furnished No
  • Last Updated 6th Sep, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1
  • Built-in Wardrobes

Property Overview

A great development opportunity in upwards trending location with an existing dwelling and Council approved two bedroom unit. <br/><br/>- existing dwelling plus DA approved ready to build two bedroom one bathroom unit with single car garage<br/>- currently leased is a four bedroom one bathroom home with tandem carport and large undercover entertaining area<br/>- current rental potential for yet to be constructed unit is $420-$460 per week<br/>- existing dwelling currently leased at $310 per week<br/>- keep both or sell one property with community title subdivision granted<br/>- conveniently located 100 metres from Turvey Tops Shopping Centre and close to the Botanic Gardens, schools and only minutes' drive to the CBD <br/><br/>Dual income investments are very popular and highly sought. With low supply of residential land and unit sites this opportunity shouldn't be missed.<br/><br/>All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.<br/><br/>Gross rental return based on current listing price and rent per week, subject to change.

Location on Google Map

42 Fernleigh Road, Mount Austin, 2650

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