Sold
29 George Street, Wallsend NSW 2287
$368,000
- 9 Bed
- 6 Bath
- 3 Car
- 443m²
House Sold on Fri 14 Nov, 2014
House description
“DA Approved Development Site”
Positioned on a corner level site, this DA approved site presents a sound development opportunity.
DA approved for three by three bedroom townhouses, all with ensuites, open plan living, single car garages, and small courtyards.
The original home is currently tenanted at $295 per week, giving you the flexibility of keeping the tenant with lower holding costs while you are preparing to build the development.
With various options for this site from selling the townhouses off each individually once complete, move into one and renting the others out, and capitalising on the sound returns of over $450 per week per property once complete, making these a great investment to add to your portfolio.
For a copy of the plans, or for any further information, contact your selling agent Rodney Goodwin today before this truly amazing opportunity is sold.
Property features
Ensuites: 3
Toilets: 6
Land details
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PRDnationwide Newcastle - Lake Macquarie
Presence Real Estate
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