Rare multi-residential development opportunity not to be missed
Savvy investors and developers will take delight in the rare opportunity presented by this prized parcel of Boolaroo. DA approved for a second dwelling onsite to co-exist with the current immaculately presented home, this property is well suited to those who wish to live on the property as well as benefit from an additional income, or investors looking for multiple incomes from the one investment. Set on a laser-level block with wide access for easy construction, the attractions of Boolaroo’s main street boasting shops, services and a vintage cinema being within walking distance makes this an extremely attractive property to tenants and home owners alike.
• Unique opportunity for builders, developers or investors • Generous, well located block with a perfect north-south orientation • Approval and plans in place for a second, single level dwelling to the rear • Attractive current home with a generous sized living area, eat-in kitchen, alfresco deck • Two double bedrooms, one with built-in’s, the other with study connection • Fresh bathroom, internal laundry, split-system a/c, ceiling fans • Walking distance to Speers Point pool, playground, cycleways and weekend markets • Council Rates: $2200pa Water Rates: $752pa • Rental Estimate for both properties is estimated to be $830pw - $880pw ($380pw - $400pw for 51 Fourth St and $450pw - $480pw for 51a Fourth St)