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We are excited to present this prime potential development site that is close to the central hub of Taree and local stores. Complete with wide main road frontage and zoned for residential use, this property currently generates an income of $220 per week with plenty of room for growth. For the savvy investor; enjoy a decent cash flow while you have time to plan and apply for development consent on the land.
The home is in need for some tender love and care, perfect if you are in the market for a renovator. Make this home yours or an investment property, either way this is a great opportunity for you to consider.
Key features:
- 20.1m street frontage and with a land depth of 50.4m
- Residential zoning with 1,012sqm of ripe development land (Subject to Council Approval)
- Fully serviced, level block offering power, NBN, phone and sewer connections
- Untamed development opportunity
- Existing dwelling features three bedrooms, one bathroom and a single carport
For more information please get in touch with Michael Nardi today on 0435 596 604!
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