Invest, develop, landbank...this one multiplies your options! A unique "whole group" opportunity comprising four substantial one bedroom units, this approx 797sqm property is made all the more rewarding by a booming GRZ1 off-the-strip location, prized McKinnon Secondary College Zoning and a wide approx 20.12m frontage.
Reap the rewards of this...
Invest, develop, landbank...this one multiplies your options! A unique "whole group" opportunity comprising four substantial one bedroom units, this approx 797sqm property is made all the more rewarding by a booming GRZ1 off-the-strip location, prized McKinnon Secondary College Zoning and a wide approx 20.12m frontage.
Reap the rewards of this group-of-four with a projected rental return of $65,000pa and a majority of tenancies already in place. Solid and well-maintained, each unit showcases an over-size one bedroom floorplan featuring large living opening to a big eat-in kitchen, a master bedroom with WIR and two-way ensuite featuring a separate bath and shower, and separate WC and laundry. With a dedicated carport space (plus a fifth visitor space) and a north-facing courtyard, each separately-titled unit is readily rentable as is... with exceptional potential to makeover and perhaps resell.
Alternatively, multiply the rewards in this prime GRZ1 McKinnon College Zone site and let these four well-presented units pay your way until it's time to capitalise on the area's developing future. Maybe even kick off right away and ride the wave of demand for quality apartment and townhouse living in this retail, rail and school zone precinct (subject to Council Approval).
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