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The Covid-19 Response Investment Incentive Policy applies to Manunda.
UNLESS SOLD PRIOR TO AUCTION
Presenting to Auction we have 46 & 48 Birch Street, to be Auctioned as a single purchase to give the buyer a huge 27.2m Frontage with a depth of 91.4m totaling 2448m2. Zoned Residential 2 and prime for a redevelopment into a block of units this will be the first time these properties have been available for purchase for over 30 years.
Subject to council approvals this site can be developed for a two story unit complex with 40% site coverage.
46 Birch Street is a 3 bedroom, timber home with black bean and a mixture of timber flooring. Air-conditioning to each bedroom and the lounge room, Good size bathroom with separate toilet. Utilities room, patio, outdoor laundry on concrete slab. Currently rented at $295.00 per week, higher rental returns are easily achievable.
48 Birch Street is a 2 bedroom timber home with a huge master bedroom that is airconditioned. Huge carpeted living room and dining attached the the kitchen. Separate toilet from the bathroom with walk in shower. Large from patio and verandah down one side. Covered drive through triple carport down the left hand side leads to a huge shed for storage. Currently rented at $325.00 per week, higher rental returns are also achievable.
Both leases have been left on periodic for the buyers convenience whether they want to offer longer leases and land bank on the property or if they are ready to start on the development earlier they have that ability.
Inspection by appointment for this one and cash offers will be considered prior to Auction.
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