Description

Rectangular 728 sqm triplex site with a frontage of approximately 18 metres, zoned R40, suits investors and developers. If you are looking for an investment property, consider houses in Nollamara rent out for $400 PW with an annual rental yield of 5.1% and units rent for $395 PW with a rental yield of 6.4%. (Sourced from realestate.com 23.11.2021)

Spacious 3-bedroom 1 bathroom brick veneer home with rear extension and workshop features:
- Security Alarm System
- Aircon to lounge and master bedroom
- Ceiling fans
- Large rear games extension
- Single garage/ workshop
- Gas bayonets to lounge and family room
- Gas oven/hotplates
- Gas hot water system
- Large rear yard
- R40 zoning
- Approx. dimensions, 18m x 40.5m
- 10kms to the CBD and 12kms to Beach

Located close to amenities, public transport and schools and within close proximity to Reid Highway.

* Property currently leased with periodic tenancy @ $200 pw, below current market value.
* Property sold "as is"

Shire Rates - Approx. - $1405
Water Rates - Approx. - $953
Land Size - 728sqm