overview

  • 1P0526
  • House
  • Sold
  • 1260 sqm
  • 5
  • 2
  • 3

Description

RED ALERT! HOT HOT PROPERTY! SENSATIONAL RE-DEVELOPMENT LAND OF 1260sqm!
BE QUICK FOR THIS ONE! A 1260sqm prime re-development block zoned MD (formerly R2) on a magnificent corner allotment situated in a premier suburb and the 1st suburb from the City, spectacular Stuart Park, minutes to the $1.1 billion upgrade of Darwin Wharf Precinct, the world class development of "Darwin Cove."

Currently holding 2 residences with a joint income of $705 per week, incorporating a fully air-conditioned 3 bedroom house complete with inground pool returns $425 per week and the separate free standing fully self-contained 2 bedroom unit returns $280 per week.

There is a severe shortage of land let alone PRIME RE-DEVELOPMENT land mere minutes to the CBD, and an acute shortage of accommodation, so this package represents an amazing and reasonably rare opportunity.

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