Residential: Apartment Sites, Units
DA APPROVED 16 UNITS + OVER $53K PER YEAR INCOME CURRENTLY
You will not want to miss the opportunity to secure this 1214 sqm development block in one of Scarborough's best locations within walking distance to local cafes and the beach.
The block currently has 4 flats with with stable tenants in place. With a solid investment opportunity, you have the option to land bank or build now.
With DA approval for 16 units, this land will suit those buyers who are not wanting the hassle of DA applications and are ready to just build and sell or you also have the option to buy and hold.
Scarborough is bustling with local trendy cafes & restaurants, parks and beaches and is known for its scenic views across Moreton Bay. It provides a quiet ambience compared to the Redcliffe CBD allowing for a relaxed lifestyle for all ages. If you are not already a local, come and see why this is such a liveable area and why you won't want to leave.
Call now for more information!
Remember to mention you found this property on DevelopmentReady.com.au