Located in the heart of Darra, this property is within a stone throw to Darra train station.
Zoned MDR for 5 level residential, This property is a valuable development site.
Residential rental of this kind is always in high demand, The 2 units here are always full and be booked ahead prior to vacating.
* 17m frontage by 60m long, total of 1012 sqm allotment
* High and dry, never been flooded, ready for re-development at anytime
* 2 separate residential flats attached back-to-back , each with a bathroom and kitchen and 2 bedrooms
* Currently 2 separate tenancies in place, earning $545 per week in total
Secure this block for your construction of 20 units, or simply enjoy the rent return while value of the land picking up monthly in the suburb of Darra.