Sold $515,000

121 Sawtell Road, TOORMINA

52

Attention Investors, Builders & Developers - R3 Zoned 1100 m2 parcel with two homes.

Prime location is the best description for this R 3 Zoned, medium density, 1100 m2 land parcel with two dwellings.
Both homes are currently tenanted providing a weekly income of $595 PW.
Suitable for a Townhouse or Unit development, subject to CHCC approval.
This property can provide good income whilst you prepare your development plans or can provide you with a great investment income with the potential of future capital gains given the location of the site.
The rear boundary adjoins the Toormina Gardens shopping centre precinct with all amenities available.
Public transport and schools are within easy walking distance.

Act quickly to secure this rare opportunity.

Rates: $4312 PA
Land:

Property Features
  • 5 bed
  • 2 bath
  • Land is 1107 m²
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Selling Agent: Barry France
Barry France

Email: barry@rech.com.au

Mobile: 0407 301 404