Situated just a short stroll to Torquay Beach is this 1821m2 block of land which currently has three 2-bedroom units on it returning gross income of $50,960pa.
There has been plans drawn up and approved by Fraser Coast Council to build 8 townhouses on the site, which has 4 years left to complete.
This is a fantastic opportunity to purchase a property for development while earning an income while you prepare for the build.
All the ground work has been done by the current owner, everything is ready for construction.
Dont miss out on this unique opportunity, call today to discuss further.