Massive 1573m2 Block With Duplex Homes

Very Rare & Very Sought After!

3 unit development site one street from the beach.
Total of 1573sqm with 21.9m frontage and Zoned R20.
Comprising of a duplex pair on a SINGLE green title.
Two 3 x 1 units currently leased
102A leased at $240 p/w - lease ending 13/06/2021
102B leased at $220 p/w - lease ending 30/10/2021
Only 200m to the beachfront.
Ideal total rental investment currently returning $460 p/w.
Ideal future development site in fantastic location, build your dream home OR develop 3 units OR clear the site and sell 3 vacant lots and profit.

For further details please call Peter Padovan for a private viewing on 0414 985 256.