7 Elizabeth Street, Fannie Bay NT 820

This property holds an abundance of potential in a premium location that is opposite a park and close to the beach. With multiple dwelling (MD) zoning, this block is 1,260 square metres in size and offers a 27.4 metre street frontage. The existing dwellings, with some love and care, could become a very comfortable home. However, should the block be developed these dwellings could be leased to provide holding income.

Prime land with multiple dwelling zoning
First time offered since 1954
Fabulous location for a family home
Close to parklands, beach, shops & schools
Great opportunity to build 4 townhouses
Main house with 2 bedrooms & 2 bathrooms
Separate living & dining spaces
Internal laundry & pantry/storeroom
Granny flat with 1 bedroom, 2 bathrooms & workshop
Undercover parking for 1 vehicle
Convenient location, only minutes from the CBD

About the Property...

Council Rates - $4,100 (approx) per annum
Area on Title - 1,260 square meters
Frontage - 27.4 metres
Zoning - MD (Multiple Dwelling)
Easement - Sewerage to PAWA (rear boundary)
Status - Vacant Possession
Terms - 10% deposit & 30 day settlement
Vendors Conveyancing Agent - Angel Conveyancing

Karl Seconids
One Real Estate