$665,000

2 | 1 | 0

HUGE PARCEL OF LAND, HOTSPOT LOCATION

One of the largest peices of land ( 1012m2) this close to the Broadwater ( approx 650m).
This property has a two bedroom cottage rented to a very reliable tenant at $370p/w.
The owner had a development application approved for two freestanding houses ( see attached photos) many years ago. Such a development is possible because the street frontage exceeds 20 metres.
This type of asset is very scarce. One can only imagine how rare such a property will be in years to come?
Ideal opportunity for astute buyer to own this large parcel of coastal land, The added bonus is that there is a small holding income of $370p/w. The tenant has stated he is happy to pay $400p/w for a new tenancy. This affords the buyer the luxury of giving due consideration to the various redevelopment options one may undertake.
Act now. Contact Richard on 0423588890 for further information.

Features

Land Area : 1012.00 M² Bedrooms : 2 Bathrooms : 1 Toilet : 1

Property Location

Share This Property

Contact Agent

Richard Hackett

P: 0755914700

M: 0423588890

richard@generalrealty.com.au



Ask about this property