Positioned on a desirable corner allotment of approximately 762sqm, this property presents an outstanding opportunity for investors and developers in a sought-after location. This opportunity comes with plans and permits approved for two townhouse, or make an amendment with council for three lots STCA. Also an ideal location for a class 1B rooming house (STCA) for strong cashflows with the immediate need for housing on the Peninsula. Currently tenanted it offers immediate rental income while you plan your next move. With its generous land size and prime positioning and no easements or requirements to keep any trees, the property holds exciting potential for future development (STCA). Ideally located just moments from the beach, local shops, cafes, and public transport, this is a fantastic chance to capitalize on a thriving coastal market. Don't miss out-secure this opportunity today!
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