693 Holmwood Crs, Albury NSW 2640

CENTRAL ALBURY REDEVELOPMENT SITE / FLATS
693 Holmwood Cross, Albury NSW 2640 LAND SIZE: 1765.46 m2
This prime central Albury property will make an outstanding redevelopment site with a total land area of 1765.46 m2, suitable for the construction of six townhouses Subject To Council Approval (STCA). The site has an existing block of seven dwellings on one title with a proven rental income that would be perfect to contribute to developers holding costs during the pre planning stages. Strategically located and only a 1.6 km walk to Albury CBD and services and 50 metres from the Albury TAFE Campus
• Developers take note of the 1765.46 m2 block, suitable for subdivision / unit development
• The property consists of 6 bedsitters and a detached spacious two bedroom home
• Currently the property is returning a gross income of $68,640.00 per annum
This is a unique and rare opportunity to secure a central Albury redevelopment site with an existing rent return. Site and unit plans are available on request. Call George to discuss this amazing opportunity