This great property with it's big 1473m2 block ZONED R3 MEDIUM DENSITY RESIDENTIAL is situated in First Street Kingswood and is available for the smart investor to develop the property to it's full potential subject to a DA and council approval. Currently the much loved property has a very neat fibro clad cottage consisting of three good sized bedrooms with built in robes, there is also a very neat bathroom with a large corner bath. As the photos show there is also a recently renovated modern kitchen with a breakfast bar that opens on to the living area. The home has been freshly painted throughout and has new carpets throughout the living area. There is also a large laundry with a extra handy shower. This property offers a great opportunity to lease out while you decide whether to develop now or in the future. The current owner is hoping lease back the house until the new owners decide on their options... If you have been waiting on a great opportunity to come along like this property then now is time to make your move...