Excellent Investment Opportunity Close to the City!

A great opportunity to acquire this solidly built and newly furbished seven bedroom property on a well maintained res 3 zoned 800sqm2 approx block with further development potential subject to the usual council approvals. The property is deceptively spacious and offers the astute investor a solid potential income return or the perfect home/business base close to the City centre. The property also benefits from a 5 KW solar system and generous living areas.

* Res 3 zoned 800sqm2 approx blue chip block.
* Further development potential subject to the usual council approvals.
* Low set block built home with 5kw solar system.
* Seven bedrooms and two bathrooms.
* Spacious living/dining room with separate rumpus room overlooking the rear gardens.
* Ceiling fans plus all bedrooms are airconditioned.
* Good size fitted kitchen.
* Neat and tidy low maintenance block.
* Super location within a couple of minutes drive into the heart of the CBD and waterfront Esplanade.
* Recent rental history prior to refurb. $525.00 per week in 2020 and $670.00 per week in 2018/19. Similar size accommodation in the area indicates a weekly rental of approx. $650.00.
*Plenty of off street parking with scope to add hard standing and car port if desired.