| BUILDER'S INVESTMENT - TOWNSVILLE QLD
Type: House Suburb: Garbutt State: QLD Post Code: 4814 Construction: Timber Rooms: 4 Bedroom Services: Bus at door Parking: yes Land Size: 1170 House Size: 22 sq approx Site Slope: level Rental Value: $240 Description: Hi-set timber Qld-er operating as spacious 1 x 2 bed self contained flat upstairs. Arcon to main and w/in dressing room. Currently rented at $140 per wk. Tenant about to vacate mid Feb 2005. JCU university has replacement tenants for upstairs for 10 months if wanted. Owner occupied masonary block unit downstairs. All legal. Large corner block zoned D (multiple dwelling)in quite area close to CBD and Strand. Building has had some recent quality renos but needs further work. Would make beautiful 5 bed home with development opportunity for strata title multiple or single dwelling on block. Up and coming area with new t/houses and villas selling for $240,000 plus all round local area. Or just subdivide and sell. Current owner would consider renting back downstairs as is for $100 per week for a short period of time (3-6 mths)if suitable. Garden maintenance by the ex-owner will be included in the deal. Otherwise - perfect for builder to occupy upstairs whilst finishing renovations and developing remainder of site. Great potential - be quick
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