Lot 2/217 Kirkwood Road Tweed Heads South NSW 2486
- Development / Land
- 611 m²
- Commercial Auction
Approved 2 lot strata subdivision
Calling all first home owners, builders, developers and investors looking for an easy short term project. On offer is the remaining lot of an approved 3 strata subdivision. Currently on the one title the lot has DA approval for 2 homes that can be strata titled on completion.
OPTION 1 Build one home for now with a large yard on a 611m2 lot - allowing the opportunity to sell the remaining lot or complete the other home in the future. Great starter for the first home owner!
OPTION 2 Build both immediately - split the title for a resale profit - or build and hold on one title as a great investment.
• Lot 1 land size = 310m2
• Lot 2 land size = 301m2 Rental appraisal for each completed home shows $500+ per week. The approved homes are identical 166m2 three bedroom free standing houses which include:
• Open plan kitchen/dining/living room
• Main bedroom with walk in robe and ensuite
• 2nd & 3rd bedrooms with built in robes • main bathroom with separate shower and bath.
• Separate WC and laundry • Double lock up garage The ongoing development within Fraser Cove estate, the imminent highway off ramp and proposed tavern indicates the time is ripe to grab this opportunity.
|Auction date and time||10/12/2019 17:30|
|Auction location||Currumbin RSL|
|Floor Area||Ask Agent|
|Land Area||611 m²|
|Annual Return||Ask Agent|
|Last updated||12 Nov 2019|