The Phone Code for this property is: 43993. Please quote this number when phoning or texting.

We offers a unique opportunity to buy close to the inner-city with 1,619 Mts in MEDIUM-DENSITY RESIDENTIAL ZONING!

The current owner had a local Architect draw and design plans for 3 levels building with more than 25 apartments included in the sale of the property.

This property is currently rented for $450 per week noting that the contract has ceased so the buyer has the option to move in to the house or to continue renting to the tenants.

This property offers the chance to live in and build your investment portfolio on the HUGE 1,619 sqm block within an area that is achieving great growth. This property is located close to every convenience imaginable!

The Existing House:
The Classic 1930s ArtDeco Colonial sitting on a HUGE 1619SQM BLOCK has been updated in recent years and has polished timber floors and split system air-conditioning throughout and is NBN connected. Perfectly positioned you'll be spoilt with public transport within seconds of your door; a short walk to the Gas Works Shopping Precinct & IGA (10-minute walk), Victoria Park State School (3-minute walk); Queens Park with the BRAND NEW state of the art playground (10-minute walk); Riverwalk and Beach (within a 10-minute walk) a short bike ride to QUT Mackay Campus, both public and private schools, minutes to the Base Hospital and Mater Hospital, Caneland Central, Mackay CBD and Airport, this location is perfect for both owner-occupiers or investors alike.

The 1000SQM of Vacant land behind:
- HUGE Development Potential in a close inner-city location
- Potential to build 6 double-story townhouses at the back of the existing house, or remove the house and build 9-10 townhouses.
- or 3 levels Building with more than 25 apart or 9 to 10 Townhouses, Actual rent 450PW a prox.

- Potential to have a dual income, rent out the townhouses and live in the main house


________________________________________
• Property Type: House
• Land Area: 1,619 m²

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.