Secure your financial future with a property that offers size, location, income, and outstanding potential—all in one exceptional package.
Opportunities like this are becoming increasingly rare. Set on a massive 3,035m² flood-free, high and dry allotment with an impressive wide frontage, this property offers outstanding potential for future development (subject to council approval) while generating immediate rental income.
Perfectly positioned just minutes from the CBD, you'll enjoy easy access to public and private primary and secondary schools, Riverlink Shopping Centre, rail transport, and major retail precincts, making this a highly desirable location for both investors and future homeowners.
Currently leased to long-term, house-proud tenants, the property provides secure, immediate income while you plan for the future.
From the street, the home is deceptively modest, but step inside and you'll discover incredibly generous proportions throughout. The oversized bedrooms and expansive living areas are complemented by high ceilings, creating a wonderful sense of space and comfort.
Property features include:
• Huge 3,035m² flood-free block with wide frontage.
• Excellent side access, ideal for a range of future development opportunities (STCA).
• Spacious bedrooms and large living areas.
• High ceilings throughout.
• Functional eat-in kitchen featuring dual pantries.
• Bathroom with separate shower and bathtub.
• Ample storage space and built-in cupboards.
• Secure rental income from long-term, quality tenants.
• Prime location just minutes to the CBD, Riverlink Shopping Centre, rail transport, major shopping centres, and both state and private schools.
• Current income: $450 per week
• Lease till 2/10/26
• Quarterly rates: $749.25 with discount
Whether you're looking to landbank, develop, invest, or secure a property with exceptional long-term growth prospects, this is an opportunity not to be missed.
Disclaimer:
MOD Realty has obtained this information from sources believed to be reliable; however, we do not guarantee its accuracy. Prospective purchasers are encouraged to conduct their own enquiries and independent investigations to satisfy themselves as to the accuracy of the information provided.
These images have been digitally enhanced for illustrative purposes.
