2 Regina Street Glenorchy TAS 7010

Rarely does an opportunity like this arise to purchase a property right in the heart of Glenorchy City. This 877m2 (Approx.) sized level block of land with "Central Business" zoning has a variety of permitted uses and with the flexibility of front and rear access; there are endless possibilities for this site within Council Planning rules. The bonus with this property is the current, established and in good order 3-bedroom home that has been well maintained, providing a rental income of approximately $450-$500 weekly, handy income whilst a prospective purchaser prepares the plans for future use and gets approval.
Council Rates: $1885 pa Approx.
Water: $1000 pa Approx.