This development opportunity in zone for Terrace Housing and Apartment Building in the very heart of Henderson is a must view for developers and land bankers. The prominent 1085m2 site is almost flat and comes with a substantial 1960's solid brick bungalow which can produce a reliable stream of rental income while you are planning your project.
This large home (220m2 more or less) is currently tenanted with tenants happy to stay on. The first level offers 3 large bedrooms, spacious lounge, one bathroom, kitchen and nice decking for entertaining. The ground level features 2 bedrooms, one bathroom, a large family/rumpus room and an internal access big garage/workshop. Both levels have external and internal access making it a versatile layout, suitable for extended/large families, a "work from home" scenario or for boarders helping with the mortgage. Set back from the road, the property offers a quiet and secure setting and is conveniently located in proximity to Glendene shops and Henderson Westcity Mall.
Check the possibilities with this massive piece of real estate and be quick.