A golden opportunity for developers, investors, and first home buyers. Set on a spacious 692sqm flat block zoned R20/40, this property offers the rare chance to retain the existing home and build at the rear (STCA), with excellent side access already in place. The existing 3-bedroom, 1-bathroom home is in great condition and is currently leased at $460 per week until June 2026 to fantastic long-term tenants, providing you with solid rental income from day one. This property is ideal for those looking to: Landbank with income while planning future development Enter the market with potential to add value later Secure a flat, development-ready site with wide side access Key features: 692sqm block zoned R20/40 with retain and build potential Excellent side access for rear development (STCA) Neat and functional 3x1 home Leased at $460 per week to great long-term tenants Close to shops, parks, schools, and public transport Opportunities like this don't come often - whether you're building your portfolio or stepping into the market, this one's a smart move. Act quickly - secure your future today! Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.
Email enquiry to Harcourts Initiative - MALAGA
Property ID: 147968664
Original Property ID: 147968664