Holding Income With Development Approval Why wouldn't you want to buy this? Calling all savvy investors or small developers. On offer are two double block properties that have Development Approval to build two separate 700 sqm office buildings. Both properties are currently tenanted so this provides you with holding income until you decide to develop.
The current owners situation has changed and they need out today which offers a new buyer an opportunity to capitalize on this great investment.
The location of this these properties is the key. In the biggest growth corridor with loads of new residential activity there will be an increased demand for sites just like this. Build the first building for your own business or sublease it is up to you. With a second stage it only makes this opportunity better to capitalize on the site.
* ICC approved to be development in stages 1 and 2 * 2 * 1457m2 blocks side by side across the road from DA approved Masters site * DA Approval in place plus combined $465 p/w income * Full information memorandum available * Holding income with short, medium and long term opportunities * Outline indicative only, please refer to Information Memorandum for specific information * Will be SOLD at Auction if not before
For further information please call Jonathon McMahon on 0400 012 139.