Build the DA Approved residential tower, 8 townhouses or land bank. Either way, this site is poised for upside. Ideally located between the beach and the CBD, the appeal of this 1012m² site will be obvious to savvy investors. With almost every convenience at the doorstep, and the option to rent the two houses (or live in one/ rent the other), the only way really is up! Buy and hold (with income) – or start development now, in time for the inevitable post-COVID boom!
There is no lack of buyer inquiry on this fantastic site. But the days of “stealing” development sites are long gone. The first realistic offer will walk away with the grand prize!
^As advised by owner
Secure this prime double-lot site now and know you have a quality location that will sell in any market. While you’re waiting to build, collect income from two existing houses to cover holding costs.
Contact the exclusive listing agent for more details.
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