Residential Lots For Sale with Holding Income
An opportunity exists for a potential buyer/developer to purchase 11 Mcquade Court which can be subdivided/reconfigured to create proposed new residential lots 1 & 2.
Lot 1 – Can be formed to create a 420m2* residential site ready for development.
Lot 2 – 976m2* parcel of land features an existing dwelling which comprises duplex units currently collecting approximately* $400 per week in rental income. Rental generated from existing duplex units can greatly assist with holding costs such as rates and insurance and subdivision costs.
Development Application Decision Notice & Plans can be made available upon request.
To arrange an inspection or to secure this location, please contact marketing agent Mitchell Barnes of E Property Consultants NQ today.
Approximate*
Property Features
- Land is 1,396 m²
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