Same owner for 50 years this property consists of 5 one bedroom units each with a carport & fully tenanted with approximately $93,000 gross income pa.
Situated on 1330m2 of land zoned mixed housing urban, this land is prime for future development. While you are involved in the planning process you have the bonus of cashflow from the property. Maximize the value of the land and reap the rewards.
Located near the heart of Glenfield with access to main shopping centre and public transport so much is on your doorstep making this a fabulous location for future sales.
Realistic owner is serious about selling so don't miss the opportunity, enquire today.
1/ 1330m2 of prime development land
2/ Mixed Housing Urban Zone
3/ 5x 1 bedroom units returning approximately $93,000pa Gross
4/ 5x single carports