Sold
Let your creative juices flow while you consider the future potential of this exciting 2480m2 block located in Watson road
With suitable zoning for a multi-dwelling development, combine this with the size and shape of the block and you'll agree that this property is one of the more exciting development sites offered to the market this year!
Your due diligence should help you confirm what we already know. That this unique parcel of land is an opportunity of the highest order for you to design and create new accommodation in a market where there just isn't enough to choose from.
Whether it be a high-yielding, long term investment OR a short-term venture where you aim to capitalise on the current strength of market values and on-sell the properties at a profit. One thing is for certain, the central location of this premises is the feather in its cap and should make perfect sense to any would-be developer with ambitions for the future.
There is an existing dwelling on the property which is currently achieving $140 per week in rent.
We look forward to working with all interest in this premium offering. Contact the team at Griffith Real Estate today!
• Located 5 Minutes from Griffiths CBD
• Zoned R1 General Residential
• 2480m2 allotment
• Development site
For more details, contact the team at GriffithRE today!