Investment/Develop Site - REDUCED TO SELL NOW!

9 3

71 Rata Street, Inglewood

$449,000 - $469,000

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Reduced in price to effect an immediate sale this ex retirement home offers a couple of clear opportunities.

Set on over a ½ acre (2151m2), firstly there is the three bedroom home (returning $280 pw) – then the 10 bedroom 1900’s villa returning $300 pw.

The site itself is ideal for development in the form of investment flats /townhouses or motel units. The rental income provides you income until such time the development takes place. The villa itself needs work – but could provide excellent accommodation as a community centre in some form. This is a rare property opportunity that will prove to be excellent buying – you decide its future. Vendors instructions are: Ray White GET THIS SOLD NOW!

Area

Land: 2151 m2



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Email Now | Mark Ferguson
Phone:(06) 756 6519
Mobile:0272 746 045
 
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Email Now | Blair Johns
Phone:(06) 756 6519
Mobile:0272 319 188
 
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