Great Original Dwelling, solid brick and tile, ideal for rental income, Invest, Land bank or development. Great Investment property built over 3 split levels. Building size is approx 290m2. Ground under cover. Multiple living spaces, Open plan living, dining and kitchen. Great floor plan. Additional utility rooms down stairs, seperate laundry. Will suit large family with alfresco entertaing spaces front and rear. Large Block. Site Area = 809m2. Ideal site in the Underwood Hi Rise precinct. Zoning : Medium Density, Hi Rise Precinct. Zoning height : Maximum building height 32m. Zoning Density : Maximum dwelling density 200 dwellings per hectare. Approx 16+ units when combined with neighbouring block All future development will require Appropriate Development Application. Property is currently rented with great tenants, at $405 per week until July 2017. Across the road from Council Parks and Aquatic Centre. Minutes away from all major shopping, schools and essential services. Direct access to M1 north and south and bus networks. Seller with Genuine selling plans. Property will be sold. Information Memorandum available on request. Disclaimer - All information detailed including future development options contained herein are gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above and council zoning, require the buyer's own due diligence and are subject to satisfaction of the zoning code & subject to council approval.