A long settlement is available along with town planning permits approved for 2 double storey dwellings to be built at the rear with the existing front home to be retained. Located in the heart of St Albans this rare opportunity awaits the astute investor to purchase this large allotment of approximately 743sqm. With easy access to the ring road, retail district, popular cafes, restaurants, schools, public transport, library and public amenities all within walking distance. The existing home is securely leased until June 2014 at $1477.40 per month. This property SCREAMS opportunity for the right investor! For further information and inspection PLEASE CALL!