Development Site, Potential to Build 4 Townhouses or Unit Complex
Property ID: 14589085
Purchase Price $400K
Four (4) Townhouses or Minimum Block of Six (6) Units
Vacancy Rates at 1.03% which indicates high rental demand (a vacancy rate of between 2-3% indicates a balanced market)
Bus Stop in front of the property
Slope towards the street for easier management of water runoff and sewage
Property currently with a six (6) month lease
Walking distance to Shopping Center, Bus stop, child car centers, banks, parks, IGA, Dominos, KFC, Subway
Suburb under-going Gentrification, with $Millions of dollars being invested to update the suburb.
2 schools with 1 km
1.8km to another Shopping Center with a Woolworths, banks and other speciality stores.
3 km from industrial and business area consisting of factories and offices providing ample employment.
4 km train station
3 km from a TAFE
Call Yujin Yeoh on 0479 191 815 for further details.