Development Potential!! - $465000

Description

Rarely available in the Cooroy township are approx. 1/4 acre blocks with the zoning designation for attached dwellings, especially with rear lane access. This property has this designation and solidly built, 3 bedroom, 1 bathroom, highset timber home with front and rear verandahs. The owners have taken advantage of the solar rebate and instead of paying for electricity they receive a payment from the electricity company. Now that is energy efficiency. There is parking under the home and a secure single lock-up shed at the rear of the property. Put this property into your property portfolio as an astute purchase or secure it as a valuable start to your property empire. Offset your holding costs by renting the home while you plan the development of the property. The home would achieve a rental value of approx. $320 pw. A sustainabiltiy declaration for this property is available by contacting the listing agent.