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Unless sold prior offers close
at 5pm on Wednesday 28th October, 2020
Prime redevelopment opportunity (subject to council approval) 8, 10 and 12 Brooks Parade located opposite stunning Belmont Bay.
Located in the heart of Belmont with 180 degree lake views these three individual properties are situated just a short stroll from shops, cafes, sailing clubs and are to be sold together as a package.
Zoned B4 Mixed use providing for a combination of both residential and commercial development, this rare parcel of land has lots of potential.
Currently consisting of a substantial 2 storey 3 bedroom plus study home and 4 flats offering 8 bedrooms and 4 bathrooms, with a realistic total potential rental return of approximately $1,695.00 per week.
The combined land size is approximately 1,800m2 with a street frontage of approximately 32.77m.
A great development opportunity or long term investment.
Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.
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