Rare Opportunity

This is an excellent opportunity with the release of this masionette tenanted at $251.00 per week till September 2021. Comprising open plan lounge, dining and updated kitchen. 3 bedrooms and well maintained bathroom, reverse cycle box air con, rollerdoor and good sized verandah. Situated on a 487sqm (approx.) block, there is a rare opportunity to also purchase next door (no 31) situated on a 651sqm (approx.) combined land is 1138sqm (approx.) giving a developer the potential of subdividing into 4 blocks (STCC) in the mean time collecting over $500 per week in rent. With Salisbury North thriving infrastructure including Foodland, specialty shops, Footy club, community centre, medical & dental, parks, sports ovals, Lake Windemere, community pool, schools, child care centres, bike trails, public transport and more it is a strong investment with vacancy rates for rentals at 0 and the potential of a strong return if both purchased and developed.

RLA227475