53 Allnut Terrace, Augusta WA 6290

Built in the year Australia converted from pounds shillings and pence to dollars and cents is this great holiday cottage in the middle of town on a massive 1,863sqm Town Centre zoned sewered block. It is opposite all the town community facilities and a very short walk to the main shopping precinct, restaurants and hotel. Astute holiday home hunters will soon recognise that this is not just a great base for holidays because of its location and size, but it is a fabulous investment as the land will support up to 11 units with the flexibility to be permanent or short stay use. Alternatively, you may choose to continue with a much smaller development of 4 homes suitable for downsizing retirees that want a central location on flat land with sufficient room for the car, dinghy and caravan. The current owner has already spent a substantial amount in getting underground power, sewer connection points, approvals and costings for a 4 home development. Whatever you decide, this property has all the necessary ingredients to make it an extraordinary investment. Whilst being a great place to holiday in for as long as you wish or continue renting it out and take advantage of negative gearing tax advantages. Come and check it now as opportunities like this don't come up often.