12 Pandanus Drive, Cannonvale QLD 4802

A rare commodity - flat development land with sustainable holding income.

Comprising of 12 three bedroom units, with full-time tenants providing an income of over $180,000 per annum and a vacant parcel of approx 4,000m2.

Each unit includes 3 bedrooms, bathroom, lounge, kitchen dining, laundry, and carport.

The balance undeveloped land is approximately one acre (4,000m2) and is zoned multi-unit dwelling which could include options of more units.

A full development assessment summary is available on application.