All the hard work has been done with DA approval for this clever use of available land. With great demand for short and long term rental accommodation, these 16 studio units with off street parking present a high yield return development proposition. Positioned in the heart of Hamilton and just a short stroll to its iconic café & lifestyle hub, this is an opportunity too good to refuse.
Presently on site is a four bedroom brick and tile home in essentially original condition. There is also a large 11mx8m shed framed for a mezzanine floor.
Set on a 500m2 block and zoned R3 medium density residential, multiple options are possible.
For a property prospectus call the Reece Realty office on 4950 2025.
To discuss this opportunity in detail contact exclusive listing agent Allen Reece on 0409 814 400