Investment opportunity near the river - too many options for one catch line!!Sensational opportunity for the first time investor as all the hard work has been done.
Stage 1 (4 blocks) to get yourself started, while reaping the rewards of a long term permanent rental. Then wait to subdivide stage 2 when the time is right for you.
Builders this is a great opportunity to have your own Exclusive Estate - build your display homes on Stage 1, there's 4, nope make that 2 left!! Torrens Title blocks, for 2 gorgeous Display Homes that not only showcase your business, but also for you to have your own house and land packages. That's 18 other sites!! Not to mention what else you will potentially acquire because of it.
Opportunities and possibilities are endless - but what a great way to set up your future in real estate.
Approvals have been granted for 2 stages. Stage 1 is for 4 Torrens Title blocks with street frontage to Banfield Road, plus a further 12,116 sqm (approx), which can be further subdivided into 18 blocks, currently with a house and shedding, tenanted at $340 per week.
Option 1 - $525,000 buys the house & granny flat, shedding and 12,116sqm (approx) with approval to subdivide into 18 blocks, if you are after a bit of space or a place for the horse, there is plenty of room here.
Option 2 - $115,000 buys a block - choose from Lots 101 & 103 which are 600sqm each 104 is UNDER CONTRACT and 102 is now SOLD, all with a street frontage of at least 15m.
An awesome location just a short flat walk to the mighty Murray River only 2 streets away.