48 - 54 Murray Street, Booker Bay NSW 2257

This prime level development site consists of four separate titles and has with a current DA approval for 12 townhouses each with three bedrooms, two bathrooms and either triple or double lock up garages. The development application was approved in October 2011.
The property is in a prime area within a short walk to the ferry, shops, cafes and 20 minutes to Palm Beach by ferry or 60 minutes to Sydney City via rail.
48 Murray Street: 3 bedroom house with separate cabin which is currently returning $350 per week. The cabin is being subleased by the current tenant. There is an opportunity to set up a separate electrical meter box and lease the cabin out separately as another source of income. Land size 626m2
50 Murray Street: 2 bedroom house currently returning $300 per week. Land size 626m2
52 Murray Street: 2 bedroom house currently returning $250 per week and a 1 bedroom cabin separately metered returning $130 per week. Land size 626m2
54 Murray Street: 2 bedroom house currently returning $280 per week with potential to increase. The long term tenants have been there for many years. Land size 636m2
Total current rental: $1410 per week
Total Land size: 2504m2
Please contact me for plans.