This completed project can provide a 6% net return and an attractive proposition to a builder or investor. Dpreciation on a new build may provide further tax advantages. The upstairs unit will lease quickly with the stong demand in Yorkeys Knob and a brand new commerical space will be atractive to many. Council has approved plans to build a premises on this site in the complex known as Village on Varley. A 2 storey dwelling on this 175 m2 commercially zoned site has been accepted by council with development conditions. Several options could suit. Live upstairs and work below or rent out the separate 2 bedroom unit designed for the first floor. Office floor area 146.9 m2, unit 137.9m2 plus Balcony 28.8m2. Choose your internal fittings to suit your own requirements by getting in early on piece of land that is part of Village on Varley Shopping Centre. Current rates apx $1800 pa BC fees $4675pa BC fees will increase to include insurance once building commences
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