Toondah Harbour Precinct - Development Opportunity

52-56 Shore Street East, Cleveland, 4163

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2,250,000 AUDEst. Mortgage: AUD 15,810/monthFor Sale
  • Ownership Type House
  • Property Area 2,093 sqft
  • Bedrooms 5
  • Bathrooms 3
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 6

Property Overview

This MR 1 (High Rise) Development site sits Proudly on Three Adjoining Blocks Totalling 2,093 sqm of near Waterfront Land at 52, 54 & 56 Shore Street East, Cleveland.
This expansive corner development site has been cleverly combined, providing a platform for builders & developers to develop a Waterside Landmark!
Currently, one block is vacant and the other Two Homes are tenanted, giving back Great Holding Money.

Features Include:
* Huge Potential to Develop Residential & Commercial Building
* Stable Rental Income up to $760/wk (2 houses)
* It's a Safe, Attractive Location Long-Term to Live & Work
* Walking Distance to Stradbroke Ferries
* Close Proximity to Schools & Public Transport.

Contact Michael Fardouly on 0413 517 222 to Organise Your Personal Inspection Today.

Location on Google Map

52-56 Shore Street East, Cleveland, 4163

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