• Freehold investment opportunity with future development upside
• Two adjoining sites of 1,346sqm (more or less) fee simple land
• Zoned Business - Town Centre with 18-metre height overlay
• Returning a holding income of $212,401.25 pa net + GST
• Opportunity for add-value investors and developers
Two adjoining sites represent a rare opportunity to secure a fully-leased investment with future development upside in the heart of Browns Bay village.
Located in a prime position close to public transport, shopping and eateries, New World and Countdown supermarkets. Browns Bay beach is just 300 metres away.
The subject property is leased to two tenants returning $212,401.25 pa net + GST.
This is a prime opportunity for add-value investors, owner-occupiers and developers.
Enjoy the holding income and develop in the future.
Call now for further details