Cnr Block Developers Dream STCA 4 units

DESCRIPTION

Location and Features: The corner block is a significant planning permit advantage as it dispenses with the requirement to install visitor parking as each crossover only services up to 2 units. Proximity to amenities and having a bus stop at the front door can enhance the propertys appeal. Development Potential: The fact that you can build up to 4 units on this block is fantastic. Multi-unit developments can yield substantial returns. Architectural plans are already drawn, which saves time and effort. Existing Tenant: Having a tenant in place is a major plus. It provides immediate rental income and stability. Make sure to review the lease terms and understand the tenants history. Blue Chip Investment: A blue chip investment typically refers to a high-quality, low-risk asset. If this property fits that description, its indeed a rare find.Consider factors like the neighborhoods growth potential, property demand, and long-term value. Maximizing Returns: To maximize financial returns, evaluate the rental income, potential capital appreciation, and any tax benefits. Consult with a real estate professional or financial advisor to assess the investment thoroughly. Remember, due diligence is crucial. Investigate local regulations, market trends, and any potential risks. If everything aligns, this could be an excellent opportunity! This is being sold by the owner and we respectfully request that no agents apply.