This simple cottage is sitting on an approximately 1133 sqr mtrs of General Residential Zone - Schedule 1 land with a Design and Development Overlay - Schedule 8. Sewer runs across the bottom of the lot and is down slope.
Currently the home rents out for $300 per week and with a little bit of elbow grease and some clever alterations this could readily be improved on.
For developers the existing structure provides an existing roof line to be taken advantage of and the structure could provide a quick start to your development plans
For investors, the existing Structure could be substantially upgraded to maximise rental income. The Vendor says that stumps were replaced in the early 00's along with other now dated improvements
Investors, developers and first home owners alike can set them selves up to benefit from the valuable zoning that this offering delivers.
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