This is a perfect property for smart Investors and Developers. Set in a highly sought after location, this offers 2 houses on 1 title that is returning $1140 per week in rent. Its a corner site with a 3 bedroom brick and tile house and a 4 bedroom villa which was relocated and beautifully restored.
There is also an approved RC to subdivide into 5 lots (freestanding houses). Since there are 2 properties on site, there is already 2 water meters and development contribution has already been paid for the second property. The RC is valid for 5 years so you can develop straightaway or later.
This would also be ideal for 2 families looking to live together or large/extended families as well. Developer is cashing up due to other projects to all reason offers will be looked at.