MEDIUM DENSITY RESIDENTIAL SITE - BLUE CHIP OPPORTUNITY IN SHERWOOD

This blue chip unit block has a solid gross income of $68,000 per annum F/Y ending 30/06/2021 and is located in a prominent position close to Sherwood Central Shopping Precinct, schools, transport, casual cafes and much more.<br/><br/>The configuration comprises:<br/>3 x 2 bedroom | 1 bathroom | 1 car - not strata titled - and;<br/>2 x 1 bedroom | 1 bathroom | 1 car accommodation - not strata titled.<br/><br/>Additional information:<br/>• 809m2 medium density site eligible for D/A for multi-unit / multi-storey site 5 levels<br/>• Walk to local shopping precinct including Woolworths, Medical, casual cafes and Sherwood State School<br/>• Public transport at front door<br/>• Ideal superannuation fund investment holding or re-development to capitalize on current multi-level zoning <br/>• Flood free<br/>• Rental potential approx. $70,000 per annum<br/><br/>Council Rates: $1,967.95 per quarter<br/>Water Rates Quarter ending May 2021: $650 <br/><br/>Opportunities like this are rare, register your interest today!<br/><br/>For Sale by Tender closing 30th August at 5pm.