This great investment opportunity is situated on a level 519m2 block, with rear lane access and with R1 zoning. The current property features a three bedroom house with open plan kitchen & living area as well as its own fenced yard. This is currently rented for $500 per week. There is then a sleep out that has its own access off the rear lane. This is self contained and is leased to a long term tenant (11 years) for $270 per week. The location is fantastic being only approximately 450m to the Mantra resort and 600m to the beach front. Having the R1 zoning means that there is the potential for further development in the future but you have two great tenants who are happy to stay on in the mean time. For further information or to request an inspection please contact Ian Willis on 0421780513 or Braidon Little on 0498880835.