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APPROVED 16 UNIT DEVELOPMENT

Looking for a multi-level unit development opportunity ?

Currently occupying this site in Scarborough is an original block of flats with a rental income of approx. $54,080 pa

This site has Development Approval to build 16 units over 4 storeys .. some with potential beach views

Scarborough is known for its cafes & restaurants, beaches & parklands with views across Moreton Bay.

Being situated only minutes to public transport, cafes, restaurants & clubs with easy access to schools and major shopping … this is an ideal investment for the right investor

 

-          1214m2 land

-          Development Approval in place

-          4 flats with stable tenants

-          One block from beach

-          Current Rental of $1,040 per week

-          solid investment opportunity

-          build now or land bank

 

To discuss the project , taking it through operational works , construction and sales of the finished units .. call Lex Davies 0412 960912 and let me help you reach your property ambitions

DA Plans and Documents available upon request

9 4 4 1,214 m2
Suburb Scarborough
Price SOLD
Land Area 1,214 m2

Agent Details

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Lex Davies

0412 960 912
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