Situated within walking distance to the CBD and Hospital, and just a short drive to the University, this prime site offers a fantastic immediate rental return and the prospect of future redevelopment with current zoning of SP1 and land size of 481m2. Currently configured as three renovated units, two being two-bedroom and an additional one-bedroom unit, this is a unique opportunity to add to your portfolio and plan how you can best maximise the potential. -Completely refreshed/renovated interiors and exteriors -Renovated kitchenettes and bathrooms with integrated laundry spaces and floor to ceiling tiles -Combination of timber floors and carpet, along with fresh paint and blinds -Reverse cycle air-conditioning and off-street parking -Expected gross permanent rental return of $65,000pa -Potential for increased returns if utilised as short-term accommodation -Close to public transport and shops as well as walking distance to the CBD and Hospital Council Rates - ~$578 per quarter Water Rates - ~$151 per quarter (plus usage) Disclaimer: “The above information has been furnished to us by a third party. We have not verified whether or not the information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate”