3 Incomes on 945m2

Zoned for terraced housing and apartments, this property is ideal for a multi-level development with the $58,500 annual income financing your purchase of the property until you are ready to start the development. Owned and well maintained by the same owner for 40 years, now is your opportunity to buy this solid investment property, with significant development potential.
The dwelling consists of a 3 bedroom, 2 bedroom and 1 bedroom fully self- contained accommodation.
The handy location is only 600m to Fruitvale train station, providing easy access to the city and other Western suburbs. The owners are committed to meeting the market, so this property is well worth your attention.