DEVELOPMENT SITE / INVEST OR LIVE IN
Elevated Duplex Potential : 893 sqm R25 lot in south Scarborough 500m from the pristine waters of the Indian Ocean.
This solid double brick, three bedroom, one bathroom home is in good condition providing the Buyer endless options. Each of the three bedrooms are of a good size, each with built in robes and there is a generous front lounge room. The kitchen has been renovated and the improvements are serviced by an inverter split system air conditioner and security alarm system. The home also has a separate laundry, toilet and bathroom and has a huge outdoor entertaining area with a below-ground pool.
The Property provides the opportunity to :
Demolish and create 2 street front green title lots (STA)
Buy and move in once lease expires
Explore options with existing house and possible development (STA)
The property is currently tenanted at $900 per week until 8 January 2016.
(great holding income while approvals are sought if that is what you chose to do)
Features of the Property Include:
893 sqm Lot - Zoned R25
21. 3 sqm Frontage
3 good Sized Bedrooms
Modern Kitchen
Large Secured Auto Garage
Fenced Underground Pool
Reticulated Gardens Serviced by Bore
Huge Entertaining Area
Split System Air Conditioning
Security Alarm
INITIALLY INSPECTION BY APPOINTMENT WITH 1ST HOME OPEN 25TH JANUARY 2015
