There are very few development opportunities such as this left in our region. A three-bedroom brick and tile unit sits upon a block of approximately 1766 square meters with unrivalled development potential. Opportunities like this are nothing short of a miracle to find. The block of approximately 1766m2 sits proudly in one of Grafton's most highly regarded and sought-after streets. Being just a short walk to the CBD, the convenience of the location is one of many features that make this development such an easy one. Existing is a large three-bedroom brick and tile unit at the front of the block, allowing the new owner a weekly rental return of approximately $380 per week whilst the works commence. The approved development is 4 x three bedroom low-set units. All plans with dimensions, construction certificate and additional information regarding the development is available upon request. Notable features include; - Ability to build single story - Existing unit providing a return - 1766m2 block with easy access - Highly regarded & sought-after location - 3D rendered plans available - Plans available upon request Rarely does a development opportunity that offers simultaneous income become available, particularly in a location that will allow the new owner to maximise profits when selling or renting the finished product. Our seller is ready to hear your offer. Please contact Team Jake on 0422 260 192 to declare your interest and to book your inspection. Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.