DEVELOPMENT BLOCK

Location absolutely superb with large Parklands, Belmont Forum Shopping Complex, Primary and High School all within walking distance.<br/><br/>Awesome 794sqm block zoned R20/40 with a wide 24.13 metre frontage. This frontage lends itself to creating two street front blocks. 3 townhouses or 7 - 9 apartments dependant on configuration, eg. 1 x 1, 2 x 1 or 2 x 2 units.<br/><br/>The current market is witnessing similar old homes with no redevelopments potential fetching between $500- $600,000. <br/><br/>The home is extremely tired but a 1st homebuyer or an investor prepared to roll up the sleeves can turn the property into a great investment.<br/><br/>Whether you live there or not.<br/><br/>• Brick and tile, Carport<br/>• Security Front door and rear<br/>• Timber floorboards under old carpet<br/>• Electric oven, Electric Hot Water System<br/>• Mains reticulation, closed in patio-storage<br/>• Airconditioning to lounge room, dining and main bedroom<br/>• Free house as this is just land value @ the asking price.