Potential. RC for 30 one bed rental units

Stop here right now if you want to read about a great investment.
Ray White Projects is proud to announce for sale land with a significant development opportunity and potential.
Savvy investors know an opportunity when they see it so read on and discover a development property with RC for 30 rental Units made up of two buildings of 15 boarding units.
On this 832sqm of land sits a bungalow renting for $500 per week. But its what you cant see that is important.
If your above $1 million (plus GST if any) then get in touch.
Has RC in place for a large 30 unit type Boarding house
Estimated gross rental $350 per week for each unit.
Incredible tenant demand from private, local and central govt sources.
Has holding income of a tenant of $500 per week.
Significant gross profit margins and cash flow.
Available are reports and drawings but only to approved purchasers.

Contact the Director of RW Projects confidentially to obtain a non disclosure agreement.
Please note the photos of the home are prior to been tenanted and we make no representation on the current state of the inside of the home